Choice Hotels price target raised to $119 from $114 at Barclays

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.”