Truist analyst C. Patrick Scholes raised the firm’s price target on DiamondRock (DRH) to $10 from $9 and keeps a Hold rating on the shares as part of a broader research note on Lodging names. The firm is updating its models and price targets in the industry following Q3 results, the analyst tells investors in a research note.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DRH:
- DiamondRock price target raised to $10 from $9 at Evercore ISI
- DiamondRock Announces Redemption of Preferred Stock
- DiamondRock Transfers Stock Listing to Nasdaq
- DiamondRock to voluntarily transfer listing to Nasdaq from NYSE
- Diamondrock Hospitality: Stability and Modest Growth Amidst Limited Upside Potential
