Stifel Maintains Hold on Hyatt Hotels, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Simon Yarmak maintains a 'Hold' rating on Hyatt Hotels (NYSE:H) and lowers the price target from $119.5 to $115.

September 22, 2023 | 1:22 pm
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Stifel analyst Simon Yarmak maintains a 'Hold' rating on Hyatt Hotels and lowers the price target from $119.5 to $115.
The news is directly related to Hyatt Hotels. The lowering of the price target by Stifel might create a negative sentiment among investors, but the 'Hold' rating suggests that the stock is expected to perform in line with the market or other stocks in its sector. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100