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Analysts Offer Insights on Consumer Cyclical Companies: Booking Holdings (BKNG) and Hyatt Hotels (H)

Tipranks - Tue Jun 2, 4:44AM CDT

Analysts fell to the sidelines weighing in on Booking Holdings (BKNG) and Hyatt Hotels (H) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Booking Holdings (BKNG)

In a report released yesterday, Ken Gawrelski from Wells Fargo maintained a Hold rating on Booking Holdings, with a price target of $215.00. The company’s shares closed last Friday at $167.43.

According to TipRanks.com, Gawrelski is a 4-star analyst with an average return of 5.4% and a 51.0% success rate. Gawrelski covers the NA sector, focusing on stocks such as Reddit Inc Class A, Alphabet Class A, and Meta Platforms. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Booking Holdings with a $221.44 average price target.

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Hyatt Hotels (H)

Wells Fargo analyst Trey Bowers maintained a Hold rating on Hyatt Hotels on May 29 and set a price target of $182.00. The company’s shares closed last Friday at $181.36.

According to TipRanks.com, Bowers has 0 stars on 0-5 stars ranking scale with an average return of -6.9% and a 42.2% success rate. Bowers covers the NA sector, focusing on stocks such as Hilton Grand Vacations, Marriott International, and Norwegian Cruise Line. ;'>

Currently, the analyst consensus on Hyatt Hotels is a Moderate Buy with an average price target of $192.29, which is a 3.2% upside from current levels. In a report issued on May 23, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $186.00 price target.

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