Truist raised the firm’s price target on Hilton Grand Vacations to $70 from $66 and keeps a Buy rating on the shares. The firm is updating its model after the company’s Q4 earnings beat and the Blue Green Vacations acquistion, the analyst tells investors in a research note. Hilton Grand’s differentiated mix of selling timeshare to new customers and growing its owner base positions the company for peer leading future growth, the firm added.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on HGV:
- Hilton Grand Vacations Rewards Executives Post-Acquisition
- Hilton Grand Vacations director buys $250K in common stock
- Hilton Grand Vacations price target raised to $54 from $47 at Barclays
- Hilton Grand Vacations sees FY24 adjusted EBITDA $1.2B-$1.26B
- Hilton Grand Vacations reports Q4 adjusted EPS $1.01, consensus 94c
