Truist Securities Maintains Buy on RLJ Lodging, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Gregory Miller has reaffirmed a Buy rating on RLJ Lodging (NYSE:RLJ) and increased the price target from $13 to $14.
December 22, 2023 | 3:07 pm
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Truist Securities analyst Gregory Miller maintains a Buy rating on RLJ Lodging and raises the price target from $13 to $14.
The increase in price target by Truist Securities reflects a positive outlook on RLJ Lodging's stock, suggesting potential upside. This could lead to increased investor confidence and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100