Morgan Stanley Maintains Equal-Weight on Diamondrock Hospitality, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling has maintained an Equal-Weight rating on Diamondrock Hospitality (NYSE:DRH) and raised the price target from $8.5 to $9.
November 07, 2023 | 1:39 pm
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Morgan Stanley has maintained an Equal-Weight rating on Diamondrock Hospitality and raised the price target from $8.5 to $9.
The news is directly related to Diamondrock Hospitality (DRH). The decision by Morgan Stanley to maintain an Equal-Weight rating indicates a neutral outlook for the stock. However, the increase in the price target from $8.5 to $9 suggests a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100