Ryman Hospitality price target raised to $125 from $100 at BofA

BofA raised the firm’s price target on Ryman Hospitality to $125 from $100 and keeps a Buy rating on the shares. Ryman “remains the gold standard” in lodging REITs, says the firm. While shares outperformed in 2023, the firm sees growth continuing and calls out Ryman’s “idiosyncratic organic growth across unique and concentrated group hotels.”