Truist raised the firm’s price target on Travel + Leisure (TNL) to $71 from $70 and keeps a Buy rating on the shares as part of a broader research note on Vacation Ownership names. The firm is adjusting its models following the industry’s Q3 earnings season while noting that the divergent stock performances boil down to company operational execution and offensive initiatives, or lack thereof, the analyst tells investors in a research note.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TNL:
- Travel + Leisure Co Releases New Investor Presentation
- Travel + Leisure Co. Earnings Call Highlights Growth and Challenges
- Travel + Leisure price target raised to $71 from $61 at Goldman Sachs
- Travel + Leisure price target raised to $63 from $54 at Barclays
- Travel + Leisure price target raised to $80 from $70 at Citizens JMP