Stifel raised the firm’s price target on Travel + Leisure (TNL) to $70 from $66 and keeps a Buy rating on the shares following quarterly results. The firm notes Travel + Leisure mostly maintained its outlook for FY25 and provided a Q3 2025 outlook. Stifel’s EPS estimates are moving lower mostly due to higher share price resulting in lower absolute share repurchases and therefore a higher denominator.
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