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Fly News Breaks for December 15, 2016
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Dec 15, 2016 | 08:00 EDT
BofA/Merrill analyst Shaun Kelley upgraded Hyatt to Buy and raised its price target to $63 from $57. The analyst said Lodging C-Corps are a way to gain exposure to a potential acceleration in GDP growth and cyclical optimism following the election and raised his rating on Hyatt due to its strong unit growth and group business.
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