UPDATE: Bank of America Upgrades Hyatt Hotels, Raises PO to $50 - Hyatt Hotels (NYSE:H)

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Bank of America upgrades Hyatt Hotels (NYSE: H) to Buy from Neutral and raises its price target to $50 from $44 to reflect minimal European exposure and an attractive valuation. Bank of America says, "In 2012, H should benefit from 1) the completion of several renovation projects 2) the integration of its Lodgeworks acquisition, 3) minimal exposure to Europe (

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