Morgan Stanley Maintains Overweight on Hyatt Hotels, Lowers Price Target to $136
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Trent maintains an Overweight rating on Hyatt Hotels (NYSE:H) but lowers the price target from $142 to $136.

June 27, 2023 | 12:32 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Overweight rating on Hyatt Hotels (NYSE:H) and lowers the price target from $142 to $136.
Morgan Stanley's lowered price target for Hyatt Hotels may cause some short-term uncertainty among investors, but the maintained Overweight rating indicates that the analyst still believes in the company's potential for growth. The impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100