Citi opens ‘positive catalyst watch’ on Hilton into earnings

Citi analyst Nick Joseph opened a "30-day positive catalyst watch" on Hilton ahead of the company’s Q4 results on February 9. The analyst believes Hilton "will strike an upbeat tone" on its earnings call. Although management could provide a 2023 outlook with a wider range of outcomes given macro uncertainty, it will provide a greater emphasis on tailwinds over headwinds, Citi tells investors in a research note. The firm keeps a Neutral rating on the shares with a $148 price target.