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Fly News Breaks for May 19, 2016
H
May 19, 2016 | 08:06 EDT
As previously reported, BofA/Merrill downgraded Hyatt to Neutral from Buy and lowered its price target to $49 from $50. Analyst Shaun Kelley said is increasingly concerned about Hyatt's hotel concentrations in certain markets and earnings volatility.
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