Price target to 200
As price broke out around the mid 150s for this equity, there seems to be much more growth ahead for this dividend giant. When interest rates cuts were to happen in the near future, consumer services within the hotel industry could set further guidance to profitability. In the meantime even with the current market conditions the valuation on this has been on quite a ride, and does not seem to be near finished anytime soon. The current price may be due for a slight pullback into the low 170s yet again however as this has been in an uptrend for several months a slight retracement in price would only benefit those who plan to enter long at a lower price.
infamousnicone
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.