TD Cowen Maintains Market Perform on Hyatt Hotels, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
TD Cowen has maintained its Market Perform rating on Hyatt Hotels (NYSE:H) and increased the price target from $95 to $160. This adjustment reflects a positive outlook on the company's future performance.
March 21, 2024 | 3:51 pm
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TD Cowen has upgraded the price target for Hyatt Hotels from $95 to $160 while maintaining a Market Perform rating.
The increase in the price target for Hyatt Hotels by TD Cowen is a strong indicator of the firm's confidence in the company's future performance. This adjustment is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price. The decision to maintain a Market Perform rating suggests that while the outlook is positive, there may still be factors that could limit the stock's upward movement in the short term.
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