RLJ Lodging Trust down after Wells Fargo cuts rating

RLJ Lodging Trust

13/09/2024 12:14

** Hotel investment firm RLJ Lodging Trust  RLJ.N  shares
down 1.9% to $8.84 premarket
    ** Wells Fargo cuts rating to 'underweight' from 'equal
weight'
    ** Also cuts PT to $9 from $11
    ** Of 10 analysts covering RLJ stock, five rate it "buy" or
higher, four "hold" and one "sell"; median PT of $13 - LSEG data
    ** YTD, stock is down 23% 

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru)
 ((JaiveerSingh.Shekhawat@thomsonreuters.com;))