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Fly News Breaks for July 16, 2019
HLT
Jul 16, 2019 | 09:32 EDT
As previously reported, SunTrust analyst C. Patrick Scholes downgraded Hilton to Hold from Buy with an unchanged price target of $101, saying that while the stock has outperformed since January with a nearly 50% run-up, he sees a "gradual deceleration" in RevPAR growth as indicated by his forward checks. The analyst also expects the percentage unit and EBITDA growth in 2020 to be similar to 2019, which he considers as positives.
News For HLT From the Last 2 Days
