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Fly News Breaks for February 15, 2018
HLT
Feb 15, 2018 | 08:31 EDT
SunTrust analyst C. Patrick Scholes raised his price target on Hilton to $92 and kept his Buy rating after Q4 earnings as well as the company's "optimistic outlook" for FY19. Scholes anticipates "particular strength" coming from international markets as well as significant new room growth expected in 2018-19, with favorable demand trends in most markets. The analyst also notes Hilton's "impressive pipeline", given that they "finished 2017 with the most rooms under construction in the industry at "21% of rooms under construction globally".
News For HLT From the Last 2 Days
