B. Riley Securities Maintains Neutral on Braemar Hotels & Resorts, Lowers Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Bryan Maher maintains a Neutral rating on Braemar Hotels & Resorts (NYSE:BHR) and lowers the price target from $3 to $2.5.
March 18, 2024 | 6:58 pm
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NEGATIVE IMPACT
B. Riley Securities maintains a Neutral rating on Braemar Hotels & Resorts and lowers the price target from $3 to $2.5.
The reduction in price target by B. Riley Securities suggests a bearish outlook on the stock's short-term price movement, potentially leading to a negative impact on investor sentiment and the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100