Morgan Stanley initiated coverage of DiamondRock Hospitality Company (NYSE:DRH) with an equal-weight rating and $12 price target.DiamondRock Hospitality has a potential upside of 15.6% based on a current price of $10.78 and an average consensus analyst price target of $12.46.DiamondRock Hospitality is currently below its 50-day moving average (MA) of $11.51 and should find support at its 200-day MA of $10.54.In the last five trading sessions, the 50-day MA has fallen 0.65% while the 200-day MA has risen 0.26%.