Morgan Stanley lowered the firm’s price target on Hyatt (H) to $112 from $127 and keeps an Equal Weight rating on the shares. The firm has lowered estimates for lodging and timeshare stocks in its coverage on weaker demand indicators and tweaked down multiples to mark to market, the analyst tells investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on H:
- Hyatt price target lowered to $122 from $151 at Barclays
- Hyatt price target lowered to $150 from $175 at Melius Research
- Hyatt price target lowered to $132 from $156.75 at Stifel
- Apple upgraded, Wayfair downgraded: Wall Street’s top analyst calls
- Hyatt downgraded to Sell from Neutral at Goldman Sachs
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue