RLJ Lodging Trust price target lowered to $13 from $14 at Barclays

Barclays lowered the firm’s price target on RLJ Lodging Trust to $13 from $14 and keeps an Equal Weight rating on the shares. The analyst says Q3 is setting up as another soft quarter for most lodging real estate investment trusts. However, Q4 could be slightly better, while debt markets are starting to thaw, which could lead to more transactions, the analyst tells investors in a research note.