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Choice Hotels price target raised to $115 from $95 at Susquehanna

Susquehanna raised the firm’s price target on Choice Hotels (CHH) to $115 from $95 and keeps a Neutral rating on the shares. The firm adjusted targets in the lodging space as part of a Q1 preview. Susquehanna maintains a neutral view of the sector. Susquehanna is cautious on the lower-to-mid scale platforms, saying war-related inflationary pressures could put additional weight on more price sensitive travel groups.

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