Barclays raised the firm’s price target on Wyndham Hotels (WH) to $116 from $115 and keeps an Overweight rating on the shares as part of a Q4 earnings preview for the lodging C-corps. The firm expects beats across the board for Q4, with likely some upside to 2025 RevPAR growth in initial guides. However, it may not be enough to make sector look outright attractive on valuation, the analyst tells investors in a research note.
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Read More on WH:
- Wyndham Hotels price target raised to $107 from $101 at Morgan Stanley
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- Wyndham Hotels upgraded to Overweight from Equal Weight at Wells Fargo
- Wyndham Hotels price target raised to $120 from $107 at Jefferies
- Wyndham Hotels price target raised to $115 from $100 at Barclays
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