Barclays Maintains Underweight on Choice Hotels Intl, Raises Price Target to $114
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandt Montour has maintained an Underweight rating on Choice Hotels Intl (NYSE:CHH) but increased the price target from $112 to $114.

January 29, 2024 | 12:13 pm
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NEUTRAL IMPACT
Barclays analyst Brandt Montour maintains an Underweight rating on Choice Hotels Intl but raises the price target from $112 to $114.
While the Underweight rating suggests that Barclays has a cautious view on Choice Hotels Intl's stock, the increase in the price target from $112 to $114 indicates a slightly more positive outlook on the company's valuation. This mixed signal could lead to a neutral short-term impact on the stock price as the market digests the information.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100