12:50 PM EDT, 07/30/2025 (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 target by $37 to $161, based on a 2025 EV/EBITDA multiple of 15x vs its 11x-15x three-year trading range. We raise our 2025 EPS estimate to $4.04 from $3.99 and 2026's EPS to $4.11 from $4.03, reflecting H's exposure to better-performing luxury chain scale segments. Based on data from STR, U.S. RevPAR has seen a significant slowdown compared to 2024, with luxury chain scales, consisting of five-star-rated hotels, outperforming lower-end chain scales. In our view, this represents a bifurcation in demand in the U.S., where high-income consumers are willing to travel despite higher prices, limiting downside to RevPAR growth in 2H 2025 and into 2026 relative to chain scales serving more budget-conscious consumers. In our view, H is our preferred exposure to this trend, with its outsized luxury portfolio of hotels. Following H's downward revision of RevPAR in Q1, we feel downside is reflected in estimates and luxury hotels will prove more resilient than the broader industry.