Wells Fargo Maintains Overweight on Ryman Hospitality Props, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dan Leonard has maintained an Overweight rating on Ryman Hospitality Properties (RHP) and increased the price target from $114 to $125.
December 22, 2023 | 1:49 pm
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Wells Fargo analyst Dan Leonard reaffirmed an Overweight rating on Ryman Hospitality Properties and raised the price target to $125, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Dan Leonard suggests a strong conviction in the company's future performance. This typically instills confidence in investors and can lead to a short-term increase in the stock price as market participants react to the analyst's upgraded outlook.
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IMPORTANCE 85
RELEVANCE 100