Barclays Maintains Equal-Weight on Hyatt Hotels, Lowers Price Target to $144
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandt Montour maintains an Equal-Weight rating on Hyatt Hotels and lowers the price target from $151 to $144.
November 01, 2024 | 5:52 pm
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Barclays has maintained its Equal-Weight rating on Hyatt Hotels but has lowered the price target from $151 to $144, indicating a less optimistic outlook.
The lowering of the price target by Barclays suggests a less optimistic view on Hyatt's future 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 cause investor caution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100