Truist Securities Maintains Buy on Hyatt Hotels, Lowers Price Target to $158
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Hyatt Hotels but lowered the price target from $169 to $158.
November 01, 2024 | 2:38 pm
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NEUTRAL IMPACT
Truist Securities has maintained a Buy rating on Hyatt Hotels but lowered the price target from $169 to $158.
The maintenance of a Buy rating suggests continued confidence in Hyatt's performance, but the lowered price target indicates a more cautious outlook on its valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100