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DiamondRock price target lowered to $8 from $9.75 at Stifel

Stifel lowered the firm’s price target on DiamondRock (DRH) to $8 from $9.75 and keeps a Hold rating on the shares. The firm is taking down Q2 estimates to reflect weaker current trends, noting that while its second half estimates have also been lowered, it acknowledges that second half estimates could still be at risk as the year progresses given the current uncertainty.

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