Barclays Reaffirms Their Buy Rating on Hilton Worldwide Holdings (HLT)
Barclays analyst Brandt Montour maintained a Buy rating on Hilton Worldwide Holdings today and set a price target of $350.00.
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According to TipRanks, Montour is a 4-star analyst with an average return of 7.5% and a 51.51% success rate. Montour covers the Consumer Cyclical sector, focusing on stocks such as Vail Resorts, Royal Caribbean, and DraftKings.
In addition to Barclays, Hilton Worldwide Holdings also received a Buy from Wells Fargo’s Trey Bowers in a report issued today. However, on the same day, Mizuho Securities maintained a Hold rating on Hilton Worldwide Holdings (NYSE: HLT).
Based on Hilton Worldwide Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.12 billion and a net profit of $420 million. In comparison, last year the company earned a revenue of $2.87 billion and had a net profit of $344 million
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- Hilton price target raised to $373 from $338 at Wells Fargo
- Hilton: Buy Rating Reaffirmed on Improving RevPAR, Strong Long-Term Earnings Outlook, and $350 Price Target
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- Pershing Square buys Hertz, Amazon and Meta, exits Hilton and Nike
- Hilton sees Q1 adjusted EPS $1.91-$1.97, consensus $1.84
