Susquehanna raised the firm’s price target on Wyndham Hotels (WH) to $95 from $80 and keeps a Neutral rating on the shares. The firm adjusted targets in the lodging space as part of a Q1 preview. Susquehanna maintains a neutral view of the sector. Susquehanna is cautious on the lower-to-mid scale platforms, saying war-related inflationary pressures could put additional weight on more price sensitive travel groups.
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Read More on WH:
- Wyndham Hotels price target raised to $100 from $99 at JPMorgan
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- Wyndham Hotels price target raised to $87 from $85 at Morgan Stanley
- Wyndham Hotels crosses 100-hotel mark in Mexico
