Oppenheimer Maintains Outperform on RLJ Lodging, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Tyler Batory has maintained an Outperform rating on RLJ Lodging Trust (NYSE:RLJ) and increased the price target from $13 to $14, indicating a positive outlook on the stock.
January 05, 2024 | 6:33 pm
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Oppenheimer analyst Tyler Batory reaffirmed an Outperform rating on RLJ Lodging Trust and raised the price target to $14, suggesting confidence in the company's performance.
The increase in price target by a reputable analyst like Tyler Batory typically signals a bullish outlook on the stock, which can lead to increased investor confidence and potentially drive the stock price up in the short term.
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