Wells Fargo Maintains Equal-Weight on Xenia Hotels & Resorts, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dori Kesten has maintained an Equal-Weight rating on Xenia Hotels & Resorts (NYSE:XHR) and increased the price target from $13 to $14.
December 22, 2023 | 1:52 pm
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Wells Fargo analyst Dori Kesten reaffirmed an Equal-Weight rating on Xenia Hotels & Resorts and raised the price target from $13 to $14.
The increase in price target by Wells Fargo suggests a positive outlook on Xenia Hotels & Resorts' stock, which could lead to short-term price appreciation. The Equal-Weight rating indicates that the stock is expected to perform in line with the sector or the overall market, but the raised target implies a potential upside from the previous target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100