Hilton price target raised to $228 from $219 at Barclays

Barclays analyst Brandt Montour raised the firm’s price target on Hilton to $228 from $219 and keeps an Overweight rating on the shares as part of a Q2 preview for the lodging group. The analyst says solid U.S. RevPAR growth should deliver modest EBITDA upside, but adds the shares have been strong on recent macro developments. All in, the firm is expecting most earnings reports to be viewed as “in-line” and share reaction to be “roughly neutral.”