Showing posts with label Hyatt. Show all posts
Showing posts with label Hyatt. Show all posts

Thursday, August 4, 2011

Cavium (CAVM) (H) (COH) (MSTR) (TRMB) (PH) Price Targets Changed

Cavium Networks, Inc. (NASDAQ: CAVM), Hyatt Hotels (NYSE: H), Coach (NYSE: COH), MicroStrategy Incorporated (NASDAQ: MSTR), Trimble Navigation (NASDAQ: TRMB) and Parker-Hannifin Co. (NYSE: PH) price targets adjusted by analysts.

Cavium Networks, Inc. (CAVM) had its price target lowered by Stifel Nicolaus from $50.00 to $44.00. They have a “Buy” rating on the company.

Hyatt Hotels (H) had its price target raised by FBR Capital from $48.00 to $51.00. They have an “Outperform” rating on the company.

Coach (COH) had its price target raised by JPMorgan Chase & Co. (NYSE:JPM) to $68.00. They have an “Overweight” rating on the company.

MicroStrategy Incorporated (MSTR) had its price target lowered by FBR Capital from $140.00 to $134.00. They have a “Market Perform” rating on the company.

Trimble Navigation (TRMB) had its price target lowered by Needham & Company from $54.00 to $45.00. They have a “Buy” rating on the company.

Parker-Hannifin Co. (PH) had its price target lowered by UBS AG (NYSE:UBS) from $94.00 to $77.00. They have a “Neutral” rating on the company.

Friday, May 6, 2011

Coverage on (AYR) (H) (CIM) (MHLD) (CLD) Initiated by Analysts

Aircastle LTD (NYSE:AYR), Hyatt Hotels Corp. (NYSE:H), Chimera Investment Corp. (NYSE:CIM), Maiden Holdings Ltd. (NASDAQ:MHLD) and Cloud Peak Energy Inc. (NYSE:CLD) had coverage initiated on them by analysts.

FBR Capital Markets initiated coverage on Aircastle LTD (AYR), starting them off with an "Outperform" rating. They raised their price target from $14 to $15 on the company.

Credit Suisse (NYSE:CS) initiated coverage on Hyatt Hotels Corp. (H), starting them off with an "Outperform" rating. They placed a price target of $54 on the company.

Credit Suisse initiated coverage on Chimera Investment Corp. (CIM), starting them off with an "Outperform" rating. They placed a price target of $4.25 on the company.

FBR Capital Markets initiated coverage on Maiden Holdings Ltd. (MHLD), starting them off with an "Outperform" rating. They raised their price target from $10 to $11 on the company.

Credit Suisse initiated coverage on Cloud Peak Energy Inc. (CLD), starting them off with a "Buy" rating. They lowered their price target from $30 to $26 on the company.

Wednesday, May 4, 2011

Price Targets On (EMR) (FSLR) (FEIC) (FIS) (H) Updated by Analysts

Analysts have updated their price targets on Emerson Electric Co. (NYSE: EMR), First Solar, Inc. (NASDAQ: FSLR), FEI (NASDAQ: FEIC), Fidelity National Information Services (NYSE: FIS) and Hyatt Hotels (NYSE: H).

Goldman Sachs (NYSE:GS) cut their price target on Emerson Electric Co. (EMR) to $67.00. They have a “buy” rating on the company. They lowered their EPS estimates on the company citing lower network power demand.

Credit Suisse (NYSE:CS) cut their price target on First Solar, Inc. (FSLR) from $137.00 to $115.00. They have a “neutral” rating on the company.

Needham & Company raised their price target on FEI (FEIC) from $35.00 to $42.00. They have a “buy” rating on the company.

Citigroup (NYSE:C) raised their price target on Fidelity National Information Services (FIS) from $37.00 to $40.50. They have a “buy” rating on the company.

Hudson Securities cut their price target on Hyatt Hotels (H) from $45.00 to $42.00. They have a “hold” rating on the company.

Thursday, March 3, 2011

Wynn Resorts (WYNN) Most Admired in Las Vegas

In the Las Vegas hotel-casino industry, Wynn Resorts (NASDAQ:WYNN) has come out on top this year in the most admired in Las Vegas, and came in fourth place in the overall hotels, casinos and resorts category of Fortune magazine's rankings.

The list is compiled in response to surveys of analysts and industry participants.

Strengths of Wynn noted in the survey included innovation, quality of products and services as well as global competitiveness and quality of management. Weaknesses cited were long-term investment, financial soundness and social responsibility.

In the overall category of hotels, casinos and resorts, the leader was Marriott International (NYSE:MAR), followed by Hyatt Hotels (NYSE:H) and Starwood Hotels and Resorts (NYSE:HOT).

For casinos, MGM Resorts International (NYSE:MGM), dropped to No. 9 while Las Vegas Sands (NYSE:LVS) was No. 8 and Harrah's, now Caesars Entertainment Corp., was ranked No. 10.

In the top 50 of the general most admired companies, only Marriott International, who was ranked No. 37, landed on the list, of companies in that sector.

Thursday, December 23, 2010

Wyndam (NYSE:WYN), Intercontinental (NYSE:IHG), Choice Hotels (NYSE:CHH), Interval Leisure (Nasdaq:IILG) Top FBR Hotel Picks

Commenting on the hotel sector, FBR said their favorite picks at this time are Wyndam (NYSE:WYN), Intercontinental Hotels (NYSE:IHG), Choice Hotels (NYSE:CHH) and Interval Leisure Group(Nasdaq:IILG), based on strength in the upper-upscale segments.

FBR noted, "In our view, we see good investing opportunities, especially in names that have higher exposure to the upscale, midscale, and the economy segments where RevPAR is beginning to outpace gains in the upper-upscale segments. The names we favor most are Wyndam, Intercontinental Hotels, Choice Hotels , and Interval Leisure Group, with the common characteristic being greater exposure to chain scale segments, high-single- to low-double-digit free cash flow yields, and opportunity for valuation multiple expansion, which we see as less likely in names such as Host (NYSE:HST), Marriott (NYSE:MAR), Starwood (NYSE:HOT), and Hyatt (NYSE:H).

"So far, quarter-to-date transient and group segment trends are shaping up to be stronger than in the third quarter of this year. We observe all U.S. transient occupancies to be higher by 180 bps (was +150 bps in 3Q), group occupancies to be higher by 230 bps (was +200 bps in 3Q), transient ADR to be tracking higher by 4.1% (was +4.4% in 3Q), and group ADR to be tracking +0.7% (was –1.0% in 3Q) through the quarter to date ending December 4. Of note, group ADR trended higher by this magnitude for the first time since late 2008."

Wyndam closed Wednesday at $31.02, down $0.06, or 0.19 percent. Intercontinental Hotels closed at $19.62, level from the prior close. Choice Hotels ended the session at $39.31, up $0.30, or 0.77 percent. Interval Leisure closed at $17.08, down $0.26, or 1.50 percent.