Hyatt price target raised to $202 from $186 at Bernstein

Bernstein raised the firm’s price target on Hyatt to $202 from $186 and keeps an Outperform rating on the shares. Discussing the Global Hotels & Leisure space, the firm notes Q1 was dominated not by the impact of the Middle East but by the shape of the U.S. economy. Given the K shape of the U.S. economy and the remaining trajectory of 2026/2027, Bernstein remains most positive on Hyatt (H) and Marriott (MAR).