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Fly News Breaks for December 3, 2015
HLT
Dec 3, 2015 | 06:44 EDT
Macquarie upgraded Hilton to Outperform with an Outperform rating and $30 price target on shares. Analyst Chad Beynon is positive on Hilton's assets, particularly those purchased in the Waldorf swap, and said a substantial amount have been refurbished and are generating strong RevPAR. Beynon said Hilton's valuation is attractive and the company recently announced a dividend and plans repurchases in Q2.
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