Truist Securities Maintains Hold on Choice Hotels Intl, Raises Price Target to $143
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Patrick Scholes maintains a 'Hold' rating on Choice Hotels Intl (NYSE:CHH) and raises the price target from $133 to $143.
September 15, 2023 | 1:34 pm
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NEUTRAL IMPACT
Truist Securities maintains a 'Hold' rating on Choice Hotels Intl and raises the price target from $133 to $143. This could potentially stabilize the stock price.
The 'Hold' rating indicates that Truist Securities believes that Choice Hotels Intl's stock is fairly valued at its current price. The increase in price target from $133 to $143 suggests that they see some upside potential, but not enough to warrant a 'Buy' rating. This could lead to stability in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100