JPMorgan raised the firm’s price target on Ryman Hospitality (RHP) to $111 from $110 and keeps an Overweight rating on the shares. The firm adjusted targets in the lodging group as part of a Q1 preview. Management commentary should be “broadly constructive” with improving U.S. demand trends that may be partially offset by rising risks abroad, the analyst tells investors in a research note.
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- Ryman Hospitality upgraded to Overweight from Equal Weight at Morgan Stanley
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