Barclays raised the firm’s price target on Ryman Hospitality (RHP) to $110 from $109 and keeps an Overweight rating on the shares. The firm adjusted targets in the lodging real estate investment trust space as part of a Q1 preview. While earnings could be better than expected, the {knock-on effects” from the Iran war, higher oil prices, and possibly softer World Cup demand “prevent us from turning positive on the sector overall,” the analyst tells investors in a research note.
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 RHP:
- Ryman Hospitality price target raised to $129 from $121 at Truist
- Ryman Hospitality price target lowered to $105 from $109 at Wells Fargo
- Ryman Prices $700 Million Senior Notes Offering
- Ryman Hospitality price target raised to $115 from $108 at Cantor Fitzgerald
- Ryman Hospitality price target raised to $133 from $131 at Deutsche Bank