Huazhu Group Limited Reports Fourth Quarter and Full Year 2019 Financial Results

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Goldman Sachs Upgrades Huazhu Group (HTHT) to Buy

March 29, 2020 7:55 PM EDT

Goldman Sachs analyst Justin Kwok upgraded Huazhu Group (NASDAQ: HTHT) from Neutral to Buy with a price target of $38.00 (from $38.50).

The analyst comments "We believe (1) the current environment will unlikely derail long-term lodging demand or leading national hotel chains positions, (2) near-term disruptions may accelerate secular... More