Wells Fargo initiated coverage of Hilton (HLT) with an Overweight rating and $332 price target The firm believes the company deserves a premium multiple to the sector given its “best-in-class” organic unit growth. Hilton has led the market in building, nurturing, and growing new innovative brands like Spark and Home2 Suites, files to sell common stock, no amount given
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HLT:
- Hilton Worldwide Holdings: Anticipated Q4 Rebound and Strong Unit Growth Drive Buy Rating
- Hilton price target raised to $253 from $246 at Truist
- Hilton price target raised to $287 from $246 at Deutsche Bank
- Hilton price target raised to $255 from $245 at Susquehanna
- Hilton price target raised to $285 from $274 at Goldman Sachs