Baird Maintains Outperform on RLJ Lodging, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Michael Bellisario maintains an Outperform rating on RLJ Lodging (NYSE:RLJ) but lowers the price target from $13 to $12.

June 11, 2024 | 5:03 pm
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NEUTRAL IMPACT
Baird analyst Michael Bellisario maintains an Outperform rating on RLJ Lodging but lowers the price target from $13 to $12.
The Outperform rating suggests continued confidence in RLJ Lodging's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100