Mizuho analyst Ben Chaiken raised the firm’s price target on Hilton Grand Vacations (HGV) to $76 from $73 and keeps an Outperform rating on the shares. The firm views the post-earnings selloff as “wrong. The company spent an incremental $10M selling marketing packages, which was a material drag on Q2 EBITDA but highlights a positive future demand indicator, the analyst tells investors in a research note.
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