Crdit Suisse Sees Huge Upside In Hilton Grand Vacations

  • Credit Suisse analyst Benjamin Chaiken reinstated coverage of Hilton Grand Vacations Inc HGV with an Outperform rating and $82 price target, implying a 67% upside.
  • The analyst is bullish on the company's legacy business, "with a very high-quality pipeline of inventory and a rebound in travel demand."
  • Chaiken also believes the recently acquired Diamond provides incremental upside not embedded in Street estimates.
  • Price Action: HGV shares traded higher by 8.18% at $49.06 on the last check Thursday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorNewsPrice TargetInitiationAnalyst RatingsMoversTrading IdeasBriefs why it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!