Susquehanna analyst Christopher Stathoulopoulos lowered the firm’s price target on Wyndham Hotels (WH) to $90 from $95 and keeps a Neutral rating on the shares. The firm updated its model following better than expected Q1 results with better performance above and below the line drove the upside versus their model while noting adj. EPS also benefited from a $0.13/share favorable impact from marketing fund variability.
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Read More on WH:
- Wyndham Hotels price target raised to $105 from $103 at Deutsche Bank
- Wyndham Hotels Highlights Growth, Tech Gains in Earnings Call
- Wyndham Hotels price target raised to $98 from $93 at Stifel
- Wyndham Hotels Delivers Strong Q1 Results and Pipeline
- Wyndham Hotels reports Q1 adjusted EPS 96c, consensus 86c