JPMorgan analyst Daniel Politzer raised the firm’s price target on Hilton (HLT) to $363 from $350 and keeps an Overweight rating on the shares. The firm adjusted targets in the lodging group as part of a Q1 preview. Management commentary should be “broadly constructive” with improving U.S. demand trends that may be partially offset by rising risks abroad, 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: