Barclays raised the firm’s price target on Travel + Leisure to $44 from $37 and keeps an Equal Weight rating on the shares post the Q4 report. The company offered “not a clean” guidance, but the underlying timeshare revenue outlook looks solid against muted sector expectations, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on TNL:
- Travel + Leisure Co. Releases Quarterly and Annual Financials
- Travel + Leisure Co. (TNL) Q4 Earnings Cheat Sheet
- JMP Says Timeshare Stocks Will Outperform Over the Long Term; Here Are 3 Names to Consider
- PayPal downgraded, Block initiated: Wall Street’s top analyst calls
- Travel + Leisure initiated with an Outperform at JMP Securities