Oppenheimer Maintains Outperform on Ashford, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Tyler Batory has maintained an Outperform rating on Ashford (AMEX:AINC) but has reduced the price target from $17 to $14.

November 24, 2023 | 1:01 pm
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Oppenheimer has maintained an Outperform rating on Ashford but lowered the price target from $17 to $14.
The reduction in price target by Oppenheimer could lead to a negative perception among investors, potentially causing a short-term decline in Ashford's stock price. However, the maintenance of an Outperform rating suggests that the overall outlook remains positive, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100