Barclays lowered the firm’s price target on Travel + Leisure to $37 from $38 and keeps an Equal Weight rating on the shares. The analyst says the company is “ripping off the travel and membership band-aid” and pivoting back to its core strength.
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Read More on TNL:
- Travel + Leisure cuts FY23 adjusted EBITDA view to $900M-$915M
- Travel + Leisure sees Q4 adjusted EPS $1.32-$1.46, consensus $1.54
- Travel + Leisure reports Q3 adjusted EPS $1.54, consensus $1.47
- TNL Upcoming Earnings Report: What to Expect?
- Travel + Leisure price target lowered to $39 from $44 at Jefferies