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Fly News Breaks for February 14, 2019
HLT
Feb 14, 2019 | 07:15 EDT
SunTrust analyst C. Patrick Scholes raised his price target on Hilton to $99 and kept his Buy rating, rolling out his model to 2020 after the company's Q4 earnings beat and better than expected outlook for Q1 and FY19. While the analyst notes that the better than expected results were driven by changes to financial reporting account, he also believes that Hilton can be an outperformer in the lodging sector with stable RevPAR room growth through 2020.
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