Peel Hunt upgraded InterContinental (IHG) to Add from Reduce with a price target of 9,700 GBp, up from 7,000 GBp. The company’s outlook has “improved sharply” post the U.S. election, the analyst tells investors in a research note.
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Read More on IHG:
- InterContinental price target raised to 6,500 GBp from 6,300 GBp at Citi
- InterContinental price target raised to 8,700 GBp at Morgan Stanley
- InterContinental price target raised to 6,600 GBp from 6,300 GBp at JPMorgan
- InterContinental upgraded to Buy from Neutral at Goldman Sachs
- InterContinental placed on ‘negative catalyst watch’ at JPMorgan