Baird Boosts Hyatt Target, Sales Lift Expected

Baird Increases Price Target for Hyatt Hotels as Analysts Expect Positive Asset Sales Announcement

On Tuesday, financial services firm Baird adjusted its outlook on Hyatt Hotels Corporation, raising the stock’s price target to $134 from the previous $116. The firm has maintained a Neutral rating on the hospitality company’s shares. The adjustment comes amid high hopes for Hyatt’s progress in its asset sales.