Jefferies Maintains Hold on Hyatt Hotels, Raises Price Target to $127
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst David Katz has maintained a Hold rating on Hyatt Hotels Corporation (NYSE:H) and increased the price target from $104 to $127.
January 02, 2024 | 12:39 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Jefferies has maintained a Hold rating on Hyatt Hotels but raised the price target from $104 to $127, indicating a positive outlook on the stock's value.
The increase in price target by Jefferies reflects a more optimistic valuation of Hyatt Hotels, which could lead to increased investor interest and a potential short-term rise in the stock price. The Hold rating suggests that the stock is currently fairly valued, but the raised target implies that there may be room for growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100