Wells Fargo Lifts Price Targets on DraftKings, Marriott and Hilton by $1 Each
Wells Fargo raised its price targets on DraftKings, Marriott and Hilton by $1 each and kept Hilton at Overweight, according to Dow Jones Newswires.
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what happened
Dow Jones Newswires reports that Wells Fargo raised its price target on DraftKings to $30 per share from $29. The target for Marriott moved up to $426 from $425, and the target for Hilton rose to $383 from $382.
The report also says Wells Fargo maintained its Overweight rating on Hilton. The changes reference ratings updates compiled by Benzinga.
why it matters
The adjustments are small, at $1 per company, so they usually have little effect on the broader market. They show the analyst slightly revising valuations, and investors typically read them as one part of the steady flow of ratings changes across hotel and online gaming stocks.
tags
instruments
sources
- DraftKings Price Target Raised to $30.00/Share From $29.00 by Wells Fargo — Dow Jones Newswires, 19 October 2026 at 14:50 UTC
- Marriott Price Target Raised to $426.00/Share From $425.00 by Wells Fargo — Dow Jones Newswires, 19 October 2026 at 15:15 UTC
- Hilton Price Target Raised to $383.00/Share From $382.00 by Wells Fargo — Dow Jones Newswires, 19 October 2026 at 15:11 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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