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RLJ Lodging Trust price target lowered to $11 from $14 at Truist
The Fly

RLJ Lodging Trust price target lowered to $11 from $14 at Truist

Truist lowered the firm’s price target on RLJ Lodging Trust (RLJ) to $11 from $14 and keeps a Buy rating on the shares. Hotel-level cost pressures will likely challenge the stock into 2025, the analyst tells investors in a research note.

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