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Belpointe Asset Management LLC has initiated a new position in Hilton Worldwide Holdings Inc. (HLT), acquiring 3,883 shares valued at approximately $1.12 million. Adding to the positive momentum, BMO Capital Markets raised its price target for HLT to $345.00 from $325.00 while maintaining a "Market Perform" rating. This revision has contributed to an increase in the overall consensus average price target, which now stands at $337.73. These developments follow Hilton's recent earnings report that surpassed market estimates and included a quarterly dividend announcement. Institutional interest remains robust as analysts adjust their valuations to reflect the company's resilience in the global hospitality sector.
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