Hilton Grand Vacations price target lowered to $59 from $62 at Truist

Truist lowered the firm’s price target on Hilton Grand Vacations (HGV) to $59 from $62 and keeps a Buy rating on the shares as part of a broader research note on Vacation Ownership names. The firm is adjusting its models following the industry’s Q3 earnings season while noting that the divergent stock performances boil down to company operational execution and offensive initiatives, or lack thereof, the analyst tells investors in a research note.