Goldman Sachs Upgrades Hyatt Hotels (H) to Buy

September 19, 2019 4:31 AM EDT
Get Alerts H Hot Sheet
Price: $80.02 -3.16%

Rating Summary:
    5 Buy, 23 Hold, 4 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 15 | Down: 13 | New: 24
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Goldman Sachs analyst Stephen Grambling upgraded Hyatt Hotels (NYSE: H) from Neutral to Buy with a price target of $91.00 (from $88.00).

  • Favors management more aggressive move towards asset light.
  • Says the premium qualities of segment's are note reflected in the current multiple.
  • Sees optionality from loyalty program and recent M&A along with partnerships.

For an analyst ratings summary and ratings history on Hyatt Hotels click here. For more ratings news on Hyatt Hotels click here.

Shares of Hyatt Hotels closed at $75.67 yesterday.

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