Wells Fargo Maintains Equal-Weight on Hilton Worldwide Holdings, Lowers Price Target to $232
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Daniel Politzer has maintained an Equal-Weight rating on Hilton Worldwide Holdings (NYSE:HLT) but has lowered the price target from $237 to $232.
October 24, 2024 | 2:43 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Wells Fargo has maintained its Equal-Weight rating on Hilton Worldwide Holdings but reduced the price target from $237 to $232, indicating a slightly less optimistic outlook.
The lowering of the price target by Wells Fargo suggests a slightly less optimistic view on Hilton's stock performance, which could lead to a short-term negative impact on the stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100