Barclays Maintains Overweight on Wyndham Hotels & Resorts, Lowers Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandt Montour has maintained an Overweight rating on Wyndham Hotels & Resorts (NYSE:WH) but lowered the price target from $90 to $87.
April 19, 2024 | 3:09 pm
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Barclays maintains an Overweight rating on Wyndham Hotels & Resorts but lowers the price target from $90 to $87.
The adjustment in price target by Barclays, while maintaining an Overweight rating, suggests a positive outlook on WH's fundamentals but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the revised target alongside the continued positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100