Wells Fargo analyst Daniel po lowered the firm’s price target on Choice Hotels (CHH) to $137 from $138 and keeps an Underweight rating on the shares. The firm is tweaking its estimates to comport with Choice Hotels’ updated FY25 guidance, which calls for adjusted EBITDA $625M-$640. With much of Choice Hotels’ adjusted EBITDA growth from opaque fees, Wells stays bearish.
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