Piper Sandler Maintains Neutral on Sotherly Hotels, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Goldfarb maintains a Neutral rating on Sotherly Hotels (NASDAQ:SOHO) and lowers the price target from $2 to $1.5.
September 03, 2024 | 1:51 pm
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Piper Sandler has maintained a Neutral rating on Sotherly Hotels but lowered the price target from $2 to $1.5, indicating a less optimistic outlook.
The lowering of the price target from $2 to $1.5 by Piper Sandler suggests a less favorable view on Sotherly Hotels' short-term performance, likely leading to a negative impact on the stock price.
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IMPORTANCE 80
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