Barclays Maintains Equal-Weight on Hyatt Hotels, Raises Price Target to $159
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandt Montour has maintained an Equal-Weight rating on Hyatt Hotels (NYSE:H) and increased the price target from $153 to $159.
May 10, 2024 | 7:34 pm
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POSITIVE IMPACT
Barclays has maintained an Equal-Weight rating on Hyatt Hotels but raised the price target from $153 to $159, indicating a positive outlook on the stock's value.
The increase in price target by Barclays reflects a positive adjustment in the valuation of Hyatt Hotels, suggesting an optimistic view on the company's future stock performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100