Hilton price target raised to $300 from $275 at Raymond James

Raymond James raised the firm’s price target on Hilton (HLT) to $300 from $275 and keeps an Outperform rating on the shares. The firm updated its model following the Q2 earnings report. The short-term outlook remains muted, but management is expecting a stronger Q4 due to improving demand and easier year over year comps, the analyst tells investors in a research note.