JPMorgan raised the firm’s price target on Hilton (HLT) to $318 from $288 and keeps an Overweight rating on the shares. The firm adjusted targets in the lodging group as part of a Q4 preview. Investor expectations “appear reasonably set” as U.S. Lodging trends remain mixed, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HLT:
- Hilton price target raised to $325 from $280 at Evercore ISI
- Hilton price target raised to $306 from $289 at Morgan Stanley
- Hilton price target raised to $309 from $297 at Barclays
- Hilton increases share repurchase program by $3.5B
- Hilton Stock (HLT) Rallies after Cutting Ties with Hotel that Banned ICE Agents