Hyatt price target lowered to $195 from $197 at Mizuho

Mizuho analyst Ben Chaiken lowered the firm’s price target on Hyatt to $195 from $197 and keeps a Buy rating on the shares. The analyst cites a more conservative view on RevPAR ahead of the Q1 report for the target drop. RevPAR trends have been slightly weaker than previously modeled, primarily in the United States, the analyst tells investors in a research note.