Oppenheimer Upgrades RLJ Lodging to Outperform, Announces $13 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Tyler Batory has upgraded RLJ Lodging (NYSE:RLJ) from Perform to Outperform and set a price target of $13.
November 28, 2023 | 6:15 pm
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RLJ Lodging has been upgraded by Oppenheimer from Perform to Outperform with a price target of $13.
Upgrades by analysts typically lead to a positive short term sentiment in the market, potentially increasing investor interest and stock price. The new price target of $13 suggests a positive outlook for RLJ Lodging's stock value.
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