Key facts: BofA raises Hilton target; shares drop amid ICE controversy; new hotels launched in Oman
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BofA Global Research increased Hilton Worldwide's (HLT) price target to $324 from $285, indicating a 10.6% upside due to better market share and a more efficient business model.1Hilton faced a 1.5% drop in shares after the U.S. Department of Homeland Security accused the hotel chain of canceling reservations for ICE agents in Minneapolis.2Hilton has launched three new hotels in Barr Al Jissah, Oman, enhancing the local hospitality market and supporting Oman's Vision 2040 to attract 11 million annual visitors.3
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