Tigress Financial analyst Ivan Feinseth raised the firm’s price target on Travel + Leisure to $54 from $52 and keeps a Buy rating on the shares. Travel + Leisure remains well-positioned to benefit from the value of vacation ownership and its ability to drive growth through a combination of property development, membership sales, and increases in subscription and resort operating fees will continue to drive steady and consistent cash flow and cash flow yields, the analyst tells investors in a research note.
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Read More on TNL:
- Travel + Leisure price target lowered to $37 from $38 at Barclays
- 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?
