Morgan Stanley lowered the firm’s price target on Hyatt (H) to $112 from $127 and keeps an Equal Weight rating on the shares. The firm has lowered estimates for lodging and timeshare stocks in its coverage on weaker demand indicators and tweaked down multiples to mark to market, the analyst tells investors.
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Read More on H:
- Hyatt price target lowered to $122 from $151 at Barclays
- Hyatt price target lowered to $150 from $175 at Melius Research
- Hyatt price target lowered to $132 from $156.75 at Stifel
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