Wells Fargo Maintains Overweight on Ryman Hospitality Props, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dori Kesten maintains an Overweight rating on Ryman Hospitality Properties (NYSE:RHP) but lowers the price target from $127 to $115.
September 13, 2024 | 3:24 pm
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Wells Fargo has maintained its Overweight rating on Ryman Hospitality Properties but has lowered the price target from $127 to $115, indicating a more cautious outlook.
The maintenance of an Overweight rating suggests continued confidence in RHP's performance, but the lowered price target indicates a more cautious outlook, likely due to changing market conditions or company performance expectations. This could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100