JP Morgan Downgrades Hilton Grand Vacations to Neutral, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ryan Lambert has downgraded Hilton Grand Vacations (NYSE:HGV) from Overweight to Neutral and lowered the price target from $55 to $36.
August 09, 2024 | 11:03 pm
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JP Morgan analyst Ryan Lambert downgraded Hilton Grand Vacations from Overweight to Neutral and reduced the price target from $55 to $36.
The downgrade from Overweight to Neutral and the significant reduction in the price target from $55 to $36 by a major financial institution like JP Morgan is likely to negatively impact investor sentiment and the short-term stock price of Hilton Grand Vacations.
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