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DiamondRock price target raised to $10.50 from $10 at Wells Fargo
The Fly

DiamondRock price target raised to $10.50 from $10 at Wells Fargo

Wells Fargo raised the firm’s price target on DiamondRock (DRH) to $10.50 from $10 and keeps an Equal Weight rating on the shares. The lodging REITs are coming off a period of limited M&A chatter, and the firm expects the news of interest in Sunstone Hotel (SHO) to also accrue to peers, providing a slightly elevated floor.

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