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RLJ Lodging Trust price target lowered to $10 from $12 at BofA

BofA lowered the firm’s price target on RLJ Lodging Trust to $10 from $12 and keeps an Underperform rating on the shares. The firm expects Q2 results for the Lodging group within outlook ranges and tweaked company models to align with the firm’s trackers, the analyst tells investors in a preview note.

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