Barclays raised the firm’s price target on Choice Hotels (CHH) to $122 from $119 and keeps an Underweight rating on the shares. The analyst increase the price target after Choice walked away from trying to merger with Wyndham Hotels (WH).
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Read More on CHH:
- M & A News: Choice (NYSE:CHH) Abandons Acquisition of Wyndham
- Choice Hotels Provides Update on Exchange Offer and Proposal to Acquire Wyndham Hotels & Resorts
- Choice Hotels particiipates in a conference call hosted by Truist
- Choice Hotels Proposes Acquisition of Wyndham Resorts
- Choice Hotels urges Wyndham Hotels & Resorts stockholders to tender shares
