RLJ Lodging Trust price target lowered to $14 from $15 at Truist

Truist analyst Gregory Miller lowered the firm’s price target on RLJ Lodging Trust to $14 from $15 and keeps a Buy rating on the shares. Truist sees a “mixed bag” for lodging companies depending on geographic location and customer mix, but the firm expects management commentary to remain positive, especially global C-corps, the analyst tells investors in a research note.