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Fly News Breaks for January 10, 2019
DRH
Jan 10, 2019 | 05:21 EDT
Goldman Sachs analyst Stephen Grambling downgraded DiamondRock Hospitality to Sell and lowered his price target for the shares to $8 from $10. The company is facing elevated competitive supply growth with less exposure to higher demand markets, Grambling tells investors in a research note. He sees negative 11% total return potential.
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