Hilton price target raised to $200 from $196 at Wells Fargo

Wells Fargo analyst Daniel Politzer raised the firm’s price target on Hilton to $200 from $196 and keeps an Equal Weight rating on the shares. The firm says Hilton’s Investor Day highlighted its approach to driving value for customers, hotel owners, and shareholders. Its focus on product, tech and brands stood out, with these driving RevPAR outperformance and cost efficiencies, thus helping attract more capital, Wells adds.