HGV - Hilton Grand Vacations To Benefit From Selling Owned Inventory Analyst Says | Benzinga
Mizuho analyst Ben Chaiken initiated coverage on Hilton Grand Vacations Inc. (NYSE:HGV) with a Buy rating and price target of $63.
Chaiken foresees upside to estimates from an attainable/beatable ’24 guidance.
In the long term, the analyst forecasts revenue synergies from better utilizing the Bass Pro network and monetizing the existing Bluegreen owner base.
As part of the Bluegreen transaction, Hilton Grand Vacations has highlighted $75 million to $100 million of revenue synergies.
For FY24 and FY25, the analyst sees a 13% provision at legacy HGV and 17.5% ...