Truist Securities Maintains Hold on Diamondrock Hospitality, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Diamondrock Hospitality (NYSE:DRH) but lowered its price target from $11 to $10.
September 04, 2024 | 3:32 pm
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Truist Securities has maintained a Hold rating on Diamondrock Hospitality but lowered its price target from $11 to $10, indicating a cautious outlook.
The lowering of the price target from $11 to $10 by Truist Securities suggests a less optimistic view on Diamondrock Hospitality's near-term performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100