Mizuho raised the firm’s price target on Hyatt to $204 from $195 and keeps a Buy rating on the shares post the Q1 report. The firm’s updated model incorporates Hyatt’s new geographic segmentation, in addition to the portfolio realignment. : The new segmentation likely begins a period of more straightforward results, and highlights the disconnect in valuation between Hyatt and peers, the analyst tells investors in a research note.
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