Wyndham Hotels price target raised to $90 from $88 at Barclays

Barclays raised the firm’s price target on Wyndham Hotels to $90 from $88 and keeps an Overweight rating on the shares post the Q2 report. The firm says cutting RevPAR guidance removes an overhang, while accelerating net unit growth is positive for fundamentals. The shares are still too cheap relative to the sector, the analyst tells investors in a research note.