UPDATE: Cantor Fitzgerald Initiates Hold, $44 PT on Hyatt Hotels Corporation
Cantor Fitzgerald initiates its coverage on Hyatt Hotels Corporation (NYSE: H) with a Hold rating and a price target of $44 as the company is a cash and acquisition player in the grobal growth.
Cantor Fitzgerald notes, "Hyatt's portfolio is diversified across product types and geographies. Its owned full-service hotels are typically luxury and upper-upscale properties in gateway cities and destination resort markets. Hyatt also has a robust international pipeline of high-value fullservice luxury and upper-upscale management opportunities."
H closed at $41.41
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