Wolfe Research Initiates Coverage On Hyatt Hotels with Outperform Rating, Announces Price Target of $203
Wolfe Research analyst Peter Supino initiates coverage on Hyatt Hotels (NYSE:H) with a Outperform rating and announces Price Target of $203.
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Shares of hotel companies are trading higher in sympathy with Wynn Resorts after the company reported better-than-expected second-quarter financial results. Sentiment has also been supported by the recent pullback in oil prices, which may help ease travel costs and support demand across the sector.
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