Wells Fargo Maintains Overweight on Hyatt Hotels, Lowers Price Target to $172
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Daniel Politzer maintains an Overweight rating on Hyatt Hotels but lowers the price target from $178 to $172.
November 01, 2024 | 9:01 pm
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Wells Fargo has maintained its Overweight rating on Hyatt Hotels but has reduced the price target from $178 to $172, indicating a slightly less optimistic outlook.
The maintenance of an Overweight rating suggests continued confidence in Hyatt's performance, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100