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Fly News Breaks for January 26, 2016
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Jan 26, 2016 | 07:26 EDT
After meeting with Hyatt's management, Stifel quotes the company as saying that its overall business is doing well, despite some "soft patches" in several markets. The firm says that Hyatt's "group pace was up low single digits" as of the end of October. It cut its price target on the name to $50 from $62 but keeps a Buy rating on the shares.