UPDATE: Nomura Raises PT to $44 on Hyatt Hotels Corporation on Strong Domestic Trends
Posted on February 14, 2013 at 13:36 PM EST
Nomura maintained Hyatt Hotels Corporation (NYSE: H ) with a Neutral rating and raised the price target from $40.00 to $44.00. Nomura commented, "We are boosting our global RevPAR outlook to +5.5%, reflecting strong domestic trends (+6.5%) and weaker trends in Asia (+4%-5%), and Europe (+2-3%). In addition, we are