Goldman Sachs downgraded Choice Hotels (CHH) to Neutral from Buy with a price target of $90, down from $124. The firm adjusted ratings in the gaming and lodging group as part of its 2026 outlook. Goldman expects a “mixed” 2026 for gaming and lodging, “with another year of the haves and have-nots.” It finds it too early to call an inflection and take a positive view on gaming. In lodging, the analyst expects U.S. RevPAR growth to accelerate from 2025 with some help from the World Cup and stimulus.
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Read More on CHH:
- Choice Hotels: Hold Rating Amidst Valuation Concerns and Conservative Growth Outlook
- Choice Hotels upgraded to Neutral from Underweight at JPMorgan
- Choice Hotels price target lowered to $111 from $128 at Truist
- Choice Hotels price target lowered to $95 from $140 at Susquehanna
- Choice Hotels price target lowered to $110 from $122 at Baird