Barclays lowered the firm’s price target on Hilton Grand Vacations to $53 from $55 and keeps an Overweight rating on the shares. The analyst expects increased pressure on timeshare fundamentals over the next 12 months but says valuations “are already there.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on HGV:
- Deutsche Bank Predicts up to 120% Upside for These 2 ‘Strong Buy’ Stocks — Here’s Why They Could Jump
- Hilton Grand Vacations initiated with a Buy at Deutsche Bank
- Hilton Grand Vacations sees $20M-$25M Maui wildfire impact on contract sales
- Hilton Grand Vacations price target lowered to $75 from $76 at Truist
- Hilton Grand Vacations reports Q2 EPS 85c, consensus 79c