Hilton price target raised to $215 from $203 at BMO Capital

BMO Capital raised the firm’s price target on Hilton to $215 from $203 and keeps a Market Perform rating on the shares. The company’s first investor day since 2016 produced a “modestly better” outlook and its long-term growth algo remains “compelling”, though at 29.6-times expected 2024 earninmgs, the risk-reward on the stock looks “balanced’, the analyst tells investors in a research note.