Morgan Stanley raised the firm’s price target on Wyndham Hotels (WH) to $113 from $107 and keeps an Overweight rating on the shares. 2025 outlooks resemble 2024 in lodging, with low RevPAR, stable net unit growth, but a challenged development backdrop, notes the firm, which recommends investors stick with names able to sustain, or even grow, in-construction pipelines with limited use of capital.
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>>
Read More on WH:
- Wyndham Hotels price target raised to $110 from $80 at Susquehanna
- Wyndham Hotels price target raised to $122 from $105 at Truist
- Wyndham Hotels price target raised to $115 from $108 at Baird
- Wyndham Hotels Reports Robust Growth in Earnings Call
- Wyndham Hotels price target raised to $126 from $115 at Deutsche Bank