Selina Hospitality initiated with an Outperform at Northland

Northland analyst Mike Grondahl initiated coverage of Selina Hospitality with an Outperform rating and $4.50 price target. Grondahl believes Selina is well positioned to capitalize on travel tailwinds, a growing gig economy/remote worker market, a large and growing TAM, and multiple avenues for continued growth, the analyst tells investors in a research note.