Credit Suisse analyst Benjamin Chaiken raised the firm’s price target on Travel + Leisure to $36 from $31 and keeps an Underperform rating on the shares. The firm notes Q4 results came in light, Q1 guide was also slightly lower-than-expected, but the full year EBITDA guide was nicely above expectations. Industry trends sound healthy, but Credit Suisse is slightly concerned about the implied cadence of results.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on TNL: