JP Morgan Maintains Overweight on Hyatt Hotels, Raises Price Target to $172
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Joseph Greff maintains an Overweight rating on Hyatt Hotels (NYSE:H) and raises the price target from $162 to $172.
March 01, 2024 | 12:53 pm
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JP Morgan has maintained an Overweight rating on Hyatt Hotels and increased the price target from $162 to $172.
The upgrade in the price target by a reputable analyst like Joseph Greff from JP Morgan is a strong positive signal for Hyatt Hotels. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100