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Truist Raises Price Target on Ryman Hospitality Properties to $129 From $121, Keeps Buy Rating
Truist has increased its price target for Ryman Hospitality Properties (RHP) to $129 from $121, while maintaining a “Buy” rating on the stock. This adjustment comes amidst other recent analyst activities, including Deutsche Bank also maintaining a “Buy” rating with a target of $133, and a recent successful offering of $700 million in senior notes by Ryman. The company specializes in upscale convention center resorts and entertainment experiences, with strong financial performance reflected in its latest earnings report and dividend declaration.