Wolfe Research Initiates Coverage On Diamondrock Hospitality with Outperform Rating, Announces Price Target of $11
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Keegan Carl has initiated coverage on Diamondrock Hospitality (NYSE:DRH) with an Outperform rating and set a price target of $11 for the company's stock.
January 10, 2024 | 10:33 am
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Diamondrock Hospitality receives an Outperform rating from Wolfe Research with a price target of $11, indicating a positive outlook for the stock.
The initiation of coverage by Wolfe Research with an Outperform rating typically suggests a positive sentiment towards the stock's future performance. The announcement of a price target above the current market price can lead to increased investor interest and potentially drive the stock price up in the short term.
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