Baird raised the firm’s price target on Hyatt (H) to $148 from $146 and keeps a Neutral rating on the shares. The firm updated its model following its announcement they would be selling the Playa Holdings portfolio for $2.0B.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on H:
- Hyatt upgraded to Strong Buy from Market Perform at Raymond James
- Hyatt Hotels’ Strategic Asset Sale Boosts Stock Outlook Amid Attractive Valuation
- Hyatt’s Strategic Asset Sale Enhances Market Share and Secures Favorable Valuation
- Hyatt Hotels’ Strategic Moves and Financial Outlook Justify Buy Rating Amid Asset-Light Growth and Favorable Valuation
- Hyatt’s Strategic Real Estate Sale Prompts Hold Rating Amid Uncertainties