Truist lowered the firm’s price target on Wyndham Hotels (WH) to $100 from $119 and keeps a Buy rating on the shares after its Q1 earnings beat but guidance cut. The firm is modeling 2025 RevPAR growth at the low-end of guidance and assumes net rooms growth will drop by 150 bps, the analyst tells investors in a research note.
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Read More on WH:
- Wyndham Hotels Reports Strong Q1 with Record Openings
- Wyndham Hotels & Resorts Earnings Call Highlights Mixed Sentiments
- Wyndham Reports Strong Q1 2025 Financial Results
- Wyndham Hotels reports Q1 adjusted EPS 86c, consensus 81c
- Wyndham Hotels cuts FY25 adjusted EPS view to $4.57-$4.74 from $4.66-$4.78