Truist lowered the firm’s price target on Wyndham Hotels (WH) to $119 from $122 and keeps a Buy rating on the shares as part of a broader research note on Short-Term Rentals, Lodging, and Lodging REITs. The firm is updating its models to reflect the sector’s Q4 earnings, the analyst tells investors in a research note.
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Read More on WH:
- Wyndham Hotels raises quarterly dividend to 41c from 38c per share
- Wyndham Hotels price target raised to $113 from $107 at Morgan Stanley
- Wyndham Hotels price target raised to $110 from $80 at Susquehanna
- Wyndham Hotels price target raised to $122 from $105 at Truist
- Wyndham Hotels price target raised to $115 from $108 at Baird
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