Barclays lowered the firm’s price target on Wyndham Hotels & Resorts (WH) to $90 from $92 and keeps an Overweight rating on the shares. The analyst reduced the price target after Choice Hotels (CHH) ended its takeover attempt.
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Read More on WH:
- M & A News: Choice (NYSE:CHH) Abandons Acquisition of Wyndham
- Choice Hotels Provides Update on Exchange Offer and Proposal to Acquire Wyndham Hotels & Resorts
- Wyndham Promotes Growth Strategy Ahead of Shareholder Vote
- Choice Hotels urges Wyndham Hotels & Resorts stockholders to tender shares
- Choice Hotels Urges Wyndham Stockholders to Tender Their Shares Before the March 8th Deadline