Raymond James analyst RJ Milligan double upgraded RLJ Lodging Trust (RLJ) to Strong Buy from Market Perform with a $9 price target The shares, after significantly underperforming the group year-to-date, are trading at a “compelling” discount that should close given an improving sector outlook for 2026, the analyst tells investors in a research note. Raymond James says that given an improving outlook for next year, it is “increasingly more bullish” on the lodging real estate investment trusts.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RLJ:
- RJ Milligan Recommends ‘Buy’ on RLJ Lodging Amid Undervaluation and Positive 2026 Outlook
- RLJ Lodging Trust Q3 2025 Earnings Call Highlights
- RLJ Lodging Trust Reports Q3 2025 Financial Results
- RLJ Lodging Trust reports Q3 AFFO 27c, consensus 13c
- RLJ Lodging Trust sees FY25 adjusted FFO $1.31-$1.37, cosnensus $1.18