Barclays Maintains Equal-Weight on Hyatt Hotels, Lowers Price Target to $153
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandt Montour maintains an Equal-Weight rating on Hyatt Hotels (NYSE:H) and lowers the price target from $156 to $153.

April 19, 2024 | 2:36 pm
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Barclays maintains an Equal-Weight rating on Hyatt Hotels and lowers the price target from $156 to $153.
The reduction in price target by Barclays, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in Hyatt Hotels' stock price. The maintenance of an Equal-Weight rating indicates that the analyst sees the stock as fairly valued at its current price, but the lowered target suggests a recalibration of expected performance, which might be interpreted negatively by the market.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100