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Travel + Leisure price target raised to $70 from $64 at Tigress Financial

Tigress Financial analyst Ivan Feinseth raised the firm’s price target on Travel + Leisure (TNL) to $70 from $64 and keeps a Buy rating on the shares. The firm told investors that Travel + Leisure’s ongoing property development and new marketing partnerships, along with its ability to leverage technology to improve customer experience, will continue to drive increasing revenue and cash flow growth. Tigress added that the company continues to benefit from “strong” consumer spending on travel, new partnerships, and new product development, including an updated app.

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