Argus analyst John Staszak raised the firm’s price target on Hilton to $210 from $169 and keeps a Buy rating on the shares. The firm believes that a recovery in business and leisure travel will lead to increased room demand, along with higher RevPAR and management fees, the analyst tells investors in a research note. Shares appear attractively valued, the firm adds.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
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 HLT: