Truist Securities Maintains Buy Rating for Hilton Grand Vacations: Here's What You Need To Know

Truist Securities has decided to maintain its Buy rating of Hilton Grand Vacations HGV and raise its price target from $62.00 to $75.00.

Shares of Hilton Grand Vacations are trading up 8.01% over the last 24 hours, at $51.50 per share.

A move to $75.00 would account for a 45.63% increase from the current share price.

About Hilton Grand Vacations

Hilton Grand Vacations Inc is a timeshare company engaged in developing, marketing, selling, managing and operating timeshare resorts, timeshare plans and ancillary reservation services, under the Hilton Grand Vacations brand. The company operates business in the following two segments: (i) Real estate sales and financing and (ii) Resort operations and club management. The majority of the company's revenue is earned through the Resort operations and club management segment.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.