Morgan Stanley (NYSE:MS) reiterated an Equalweight rating and a price target of $157.00 on Hyatt Hotels Corporation (NYSE:H), following the company's announcement that it has entered into an agreement ...

By Aishwarya Jain (Reuters) -Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, the company said on Monday, seeking to boost its presence in Mexico and the Caribbean.