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Choice Hotels price target lowered to $140 from $155 at Susquehanna

Susquehanna analyst Christopher Stathoulopoulos lowered the firm’s price target on Choice Hotels (CHH) to $140 from $155 and keeps a Neutral rating on the shares. The firm updates its model following Q1 results as the critical summer travel period is just a few weeks away and demand appears to be holding up.

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