Morgan Stanley Maintains Overweight on Wyndham Hotels & Resorts, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Gengaro has maintained an Overweight rating on Wyndham Hotels & Resorts (NYSE:WH) and raised the price target from $82 to $87.
October 16, 2023 | 1:19 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on Wyndham Hotels & Resorts and raised the price target from $82 to $87, which could lead to a positive market reaction.
The raised price target by Morgan Stanley indicates a positive outlook for Wyndham Hotels & Resorts. This could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100