Hyatt motels inventory gained an upgrade to overweight, with an improved fee target, from J.P. Morgan, giving the stock a lift Monday morning.
The upgrade came whilst uncertainty and concern over Omicron, the new Covid-19 variant, sent resort shares tumbling on Friday. rivals Hilton (ticker: HLT) and Marriott international (MAR) dropped greater than 6%, while Hyatt (H) dropped 5.7%.
"We...
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