RLJ Lodging Trust price target lowered to $7 from $8 at Truist

Truist lowered the firm’s price target on RLJ Lodging Trust (RLJ) to $7 from $8 and keeps a Hold rating on the shares. Positives in 2026 include one-time incremental profits from special sporting and America250 events and longer-lasting post-renovation gains, while headwinds include macro demand choppiness in a K- shaped economy, the continued challenges facing the D.C. and Austin markets, and urban labor cost pressures, the analyst tells investors in a research note.