🏢 Company

Morgan Stanley

4 stories · First covered Feb 25, 2026 · Latest Mar 20
Related: RevPAR 3 Fee margin expansion 2 Bank of America 2 IHG 2 Marriott International 1 Franchise Fees 1 Asset-Light Business Model 1 China 1 Loyalty Programs 1 Mark Hoplamazian 1 Booking Holdings 1 Greater China 1
IHG
IHG
Hyatt Hotels Corporation
Morgan Stanley Coverage
IHG's 64.8% Fee Margin Tells You Everything About the Upside Question
REITs
Mar 20

IHG's 64.8% Fee Margin Tells You Everything About the Upside Question

Morgan Stanley lifted its IHG target to $145 and called the improvement real. The stock hit $148.23 three weeks earlier. That's your answer.

JC
Jordan Chen 2 min read · Mar 20
IHG's 501-Cent EPS Hides a Regional Story Wall Street Can't Agree On
REITs
Mar 19

IHG's 501-Cent EPS Hides a Regional Story Wall Street Can't Agree On

IHG posted 16% adjusted EPS growth and a record year for openings, but Q4 Americas RevPAR fell 1.4% and Greater China was negative for the full year. The analyst ratings now range from Buy to Sell on the same set of numbers.

JC
Jordan Chen 2 min read · Mar 19
Morgan Stanley Cuts Hyatt's Target to $185 But Keeps Overweight. Here's the Real Number.
Brands Primary
Mar 14

Morgan Stanley Cuts Hyatt's Target to $185 But Keeps Overweight. Here's the Real Number.

A 4.6% price target reduction on a stock trading at $156 still implies 18.5% upside. The interesting question isn't the target... it's what Morgan Stanley's math assumes about Hyatt's asset-light conversion and whether that assumption survives a downturn.

JC
Jordan Chen 2 min read · Mar 14
Booking Holdings' $700M AI Bet Is Repricing the Stock. Here's What the Market Is Actually Telling You.
Transactions
Feb 25

Booking Holdings' $700M AI Bet Is Repricing the Stock. Here's What the Market Is Actually Telling You.

BTIG reiterates a $6,250 price target while the stock sits near a 52-week low at $3,864. The gap between analyst conviction and market behavior is the real story.

JC
Jordan Chen 2 min read · Feb 25