Baird analyst Michael Bellisario raised the firm’s price target on Wyndham Hotels & Resorts to $87 from $85 and keeps an Outperform rating on the shares. The firm peviewed its quartertly results and believes buy-/sell-side expectations are appropriately calibrated for its outcome and 4Q 2023 should represent the most challenging quarter of year-over-year RevPAR growth comparisons.
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