01:00 PM EST, 11/11/2025 (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 lift our 12-month target by $16 to $174, based on a 2026 EV/EBITDA multiple of 14x (unchanged) vs. its 12x-15x three-year trading range. We lower our 2025 EPS estimate to $1.98 from $3.60 and raise 2026's EPS to $4.06 from $3.81. We reiterate our Buy opinion on shares of H following Q3's performance, which we thought was encouraging. Although H missed analyst revenue expectations due to macroeconomic uncertainty, which is showing up in weaker business (particularly government travel) and group travel, we feel leisure travel remains robust, evidenced by H's net package RevPAR performance (+7.6% Y/Y in Q3) suggesting H's all-inclusive locations are seeing demand. Structurally, we see potential for EBITDA margin expansion as H shifts its owned and leased hotel portfolio (4% of total rooms) into a franchised, asset-light model. We are also encouraged by accelerated new room growth (+10.8% Y/Y in Q3), which should position H to capture recovering U.S. business and group travel demand.