Citizens analyst Aaron Hecht raised the firm’s price target on Travel + Leisure (TNL) to $90 from $80 and keeps an Outperform rating on the shares following the Q4 earnings report. Travel + Leisure remains the firm’s favorite name in the Vacation Ownership group as its corporate leadership has delivered the most consistent results amongst the peer set, while maintaining a strong share repurchase program and improving its leverage profile, the analyst tells investors in a research note.
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Read More on TNL:
- Travel + Leisure Co. Signals Steady Growth Ahead
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- Travel + Leisure to recommend Q1 dividend increase to 60c per share
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