Morgan Stanley Maintains Overweight on Hyatt Hotels, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Trent has maintained an Overweight rating on Hyatt Hotels (NYSE:H) but lowered the price target from $138 to $135.
November 07, 2023 | 1:47 pm
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Morgan Stanley has maintained an Overweight rating on Hyatt Hotels but lowered the price target from $138 to $135.
The news is directly related to Hyatt Hotels as the company's price target has been lowered by Morgan Stanley. This could potentially impact investor sentiment and the stock's price. However, the Overweight rating suggests that the analyst still sees upside potential, which could balance out the impact of the lower price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100