TD Cowen lowered the firm’s price target on Hilton (HLT) to $256 from $265 and keeps a Buy rating on the shares. The firm noted RevPAR missed at 1.4% versus guide 2-3% on weak September driven by calendar, US/APAC, weather, labor, and China.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HLT: