Wells Fargo initiated coverage of Hyatt (H) with an Equal Weight rating and $154 price target The firm is neutral on the hotels industry. Price-to-free fash flow is the “anchor” indicator for the sector and offers a direct correlation between valuation and net fee-generative unit growth, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on H: