NEW YORK (TheStreet) -- Shares of Hilton Worldwide Holdings Inc. (HLT) are higher 2.21% to $22.65 in pre-market trading on Wednesday after receiving ratings upgrades at Morgan Stanley (MS) 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.
Must Read: Warren Buffett's 10 Favorite Growth Stocks
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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
STOCKS TO BUY: TheStreet's Stocks Under $10 has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.