01:00 PM EDT, 07/23/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our 12-month price target by $32 to $262, 29x our 2026 EPS estimate (from 30x our 2025 EPS view), in line with its three-year average forward multiple. We raise our 2025 EPS estimate to $8.01 from $7.88 and 2026's to $9.05 from $8.89. Our revised estimates primarily reflect better-than-anticipated margins despite limited RevPAR growth through 1H 2025. HLT's Q2 fee growth (+8.9% Y/Y) remained resilient despite system-wide comparable RevPAR declining (-0.5% Y/Y) on softer travel trends in key markets like the U.S. and China. While we appreciate HLT's ability to increase pricing and deliver steady results in a noisy environment, we also note consensus estimates are near the top end of management's higher revised 2025 guidance, and the valuation also suggests investors expect accelerated growth in the future. Luxury brands, like Waldorf Astoria, have been key to top-line performance in 2025, offsetting soft Midscale and Economy occupancy due to diminished business travel. Thus, we remain at Hold.