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Fly News Breaks for September 17, 2019
IHG
Sep 17, 2019 | 04:51 EDT
Jefferies analyst Stefano Bertolini started InterContinental Hotels with a Buy rating and 62 pounds price target. The analyst does not see RevPAR in the European hotel space turning negative despite it being late in the cycle. He also believes InterContinental has the scope for more special dividends.
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