Hyatt price target raised to $157.50 from $145.50 at Stifel

Stifel raised the firm’s price target on Hyatt (H) to $157.50 from $145.50 and keeps a Hold rating on the shares. Shares have rallied about 12% since the night before the recent election as investors appear to be more bullish on the economy and by extension lodging stocks, notes the analyst, who is maintaining the firm’s 2024 EPS estimate of $4.01 and adjusting its 2025 and 2026 EPS estimates.