Hyatt Hotels downgraded to Underperform from Neutral at Credit Suisse Credit Suisse downgraded Hyatt Hotels to Underperform citing valuation, a lack of catalysts and the company's "unimpressive" Q2 results. The firm lowered its price target for shares to $55 from $56.
TripAdvisor Instant Book continues to gain traction, says Piper Jaffray Piper Jaffray analyst Michael Olson says that while weakness in international cost-per-clicks drove weaker than expected Q2 results and lowered 2015 guidance, TripAdvisor's (TRIP) Instant Book continues to gain traction. The company confirmed that Hyatt (H) is now on the platform, Olson tells investors. He lowered his price target for shares to $95 from $100 and maintains an Overweight rating on the stock.