Barclays lowered the firm’s price target on Choice Hotels (CHH) to $101 from $117 and keeps an Underweight rating on the shares as part of a Q3 earnings preview for the lodging c-corps. The firm expects “soft” sales results for Q3 and downside to Q4 outlooks.. The analyst reduced 2026 estimates and remains “relatively downbeat” on lodging pending signs that broad RevPAR reacceleration can drive a positive revision cycle.
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Read More on CHH:
- Choice Hotels double downgraded to Underperform at BofA on low end softness
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- Choice Hotels price target lowered to $136 from $144 at Baird
- Choice Hotels Faces Declining RevPAR and Limited Growth Prospects Amid Economic Uncertainties
- Choice Hotels price target lowered to $117 from $121 at Barclays