NEW YORK (TheStreet) -- Shares of Hilton Worldwide Holdings Inc. (HLT - Get Report) are higher 2.21% to $22.65 in pre-market trading on Wednesday after receiving ratings upgrades at Morgan Stanley (MS - Get Report) and MKM Partners.
Morgan Stanley said it upgraded the hospitality company to "overweight" from "equal weight" due to "a combination of strong fundamentals and a deep dive into the strategic value of the Waldorf Astoria."
The firm raised its price target on Hilton Worldwide to $27 from $25.
MKM Partners upgraded the company to "buy" from "neutral" based on valuation, near-term catalysts and improving U.S. fundamentals.
The firm raised its price target on Hilton Worldwide to $27 from $24.HLT data by YCharts
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