Hyatt Completes Sale of Hyatt Regency Orlando for $1.07 Billion
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Hyatt Hotels (H) PT Raised to $151 at Stifel
August 19, 2024 4:55 PM EDTStifel analyst Simon Yarmak raised the price target on Hyatt Hotels (NYSE: H) to $151.00 (from $141.00) while maintaining a Hold rating.
The analyst comments "Sells Hyatt Regency Orlando, Completes Disposition Program. On Friday post close, Hyatt Hotels announced the sale of the Hyatt Regency... More
Hyatt Hotels (H) PT Raised to $164 at JPMorgan
August 19, 2024 12:14 PM EDTJPMorgan analyst Joseph Greff raised the price target on Hyatt Hotels (NYSE: H) to $164.00 (from $162.00) while maintaining a Overweight rating.
The analyst comments "Last Friday, after the close, H announced it completed a sizable asset disposition, closing on the sale of the 1,641-room Hyatt Regency Orlando and an adjacent 45-acre land parcel for total gross proceeds of ~$1.07b. Recall H indicated earlier on its 2Q24 earnings conference call that it expected to close on an unnamed asset later this month (see note); Bloomberg news reported on this potential transaction, as well. H will... More
