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Bank of America Securities Keeps Their Buy Rating on Hilton Worldwide Holdings (HLT)
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Bank of America Securities Keeps Their Buy Rating on Hilton Worldwide Holdings (HLT)

In a report released today, Shaun Kelley from Bank of America Securities maintained a Buy rating on Hilton Worldwide Holdings (HLTResearch Report). The company’s shares closed yesterday at $202.16.

According to TipRanks, Kelley is a 3-star analyst with an average return of 2.3% and a 49.61% success rate. Kelley covers the Consumer Cyclical sector, focusing on stocks such as Vail Resorts, Penn National Gaming, and Hilton Worldwide Holdings.

In addition to Bank of America Securities, Hilton Worldwide Holdings also received a Buy from Barclays’s Brandt Montour in a report issued on April 25. However, on the same day, BMO Capital maintained a Hold rating on Hilton Worldwide Holdings (NYSE: HLT).

Based on Hilton Worldwide Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.57 billion and a net profit of $265 million. In comparison, last year the company earned a revenue of $2.29 billion and had a net profit of $206 million

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Hilton Worldwide Holdings (HLT) Company Description:

Virginia-based Hilton Worldwide Holdings, Inc. is a hospitality company, which owns, leases, manages, develops, and franchises hotels and resorts. It operates through two segments, Management and Franchise, and Ownership.

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