Wells Fargo raised the firm’s price target on Ryman Hospitality (RHP) to $130 from $124 and keeps an Overweight 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.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RHP:
- Ryman Hospitality initiated with an Outperform at BMO Capital
- Lodging REIT sector should rally after Bloomberg report on Sunstone, says Stifel
- Ryman Hospitality price target raised to $136 from $130 at Truist
- Ryman Hospitality management to meet with Truist
- Five Below downgraded, Snowflake upgraded: Wall Street’s top analyst calls