Truist Securities Maintains Hold on Diamondrock Hospitality, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Patrick Scholes has maintained a Hold rating on Diamondrock Hospitality (DRH) and increased the price target from $10 to $11.
March 14, 2024 | 1:22 pm
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Truist Securities maintains a Hold rating on Diamondrock Hospitality and raises the price target from $10 to $11.
The increase in the price target by Truist Securities suggests a positive outlook on Diamondrock Hospitality's stock value in the short term. Although the rating remains a Hold, the upward revision in the price target indicates an expectation of some improvement in the stock's performance, which could lead to a positive impact on its price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100