Barclays raised the firm’s price target on Choice Hotels (CHH) to $119 from $114 and keeps an Underweight rating on the shares. The company’s reported mixed Q4 results, with RevPAR softer and adjusted EBITDA a bit better, the analyst tells investors in a research note. The firm says the Wyndham Hotels & Resorts (WH) deal overhang “continues to overshadow all else.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on CHH:
- Choice Hotels International Reports Fourth Quarter And Full-Year 2023 Results
- Wyndham Hotels & Resorts price target raised to $105 from $94 at Truist
- Choice Hotels to offer access to Tesla electric vehicle charging stations
- Choice Hotels price target raised to $114 from $112 at Barclays
- Choice Hotels Eyes Board Nomination at Wyndham 2024 Meeting