Jefferies Downgrades Hilton Grand Vacations to Hold, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst David Katz has downgraded Hilton Grand Vacations (NYSE:HGV) from Buy to Hold and lowered the price target from $55 to $35.
August 09, 2024 | 10:53 am
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NEGATIVE IMPACT
Jefferies analyst David Katz downgraded Hilton Grand Vacations from Buy to Hold and reduced the price target from $55 to $35.
The downgrade from Buy to Hold and the significant reduction in the price target from $55 to $35 by a reputable analyst is likely to negatively impact investor sentiment and the stock price of Hilton Grand Vacations in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100