Wells Fargo analyst Dori Kesten downgraded Hyatt Hotels to Equal Weight from Overweight with a price target of $113, up from $111. The stock’s rally year-to-date is "well earned," but the outperformance will slow going forward, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on H:
- Hyatt enters management agreement for Hotel Toranomon Hills in Japan
- Hyatt announces pipeline of 117,000 rooms worldwide as of year-end
- Hyatt opens Hyatt Regency Izmir IstinyePark in Turkey
- Morgan Stanley Says These 2 Travel and Leisure Stocks Are ‘Top Picks’ Heading Into 2023
- Hyatt price target raised to $111 from $107 at Barclays