Deutsche Bank analyst Carlo Santarelli raised the firm’s price target on Choice Hotels to $123 from $115 and keeps a Hold rating on the shares. The company reported a Q2 beat, raised guidance modestly, and Radisson should drive growth in 2024, the analyst tells investors in a research note.
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Read More on CHH:
- Choice Hotels price target lowered to $121 from $122 at Barclays
- Choice Hotels price target raised to $142 from $135 at Baird
- Choice Hotels raises FY23 adjusted EPS view to $5.86-$6.01 from $5.70-$5.90
- Choice Hotels reports Q2 EPS $1.65, consensus $1.69
- CHOICE HOTELS INTERNATIONAL REPORTS SECOND QUARTER 2023 RESULTS