Ryman Hospitality Upgraded, Target Raised to $105

Morgan Stanley upgraded Ryman Hospitality to Overweight, raised price target to $105 from $88, citing RevPAR acceleration and travel demand.
RHP reported Q4 2025 EPS $1.11 vs $0.99 estimate and revenue $737.8 million beating $715.9 million forecast.
Shares rose 1.4% to $98.34, delivering 23.8% total return over the past year.
Truist Securities reiterated Buy rating with $121 target, noting RHP as second‑largest lodging REIT by market cap.