Baird Maintains Neutral on Braemar Hotels & Resorts, Lowers Price Target to $2
Baird analyst Michael Bellisario maintains Braemar Hotels & Resorts (NYSE:BHR) with a Neutral and lowers the price target from $2.5 to $2.
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Braemar Hotels & Resorts, Ashford Ink Settlement Agreement With Al Shams; Al Shams Withdraws Notice To Nominate Directors To Braemar Board; Al Shams Parties Agree To Standstill Restrictions And Voting Commitments; Co Agrees To Pay Al Shams $25M Plus Expenses Under Settlement Agreement; Expects Total Contribution Of $4M -$6M Under Terms
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