Baird raised the firm’s price target on Wyndham Hotels (WH) to $99 from $98 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results which indicated RevPAR declined but showed net growth as ancillary revenues offset the decline.
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Read More on WH:
- Wyndham Hotels price target raised to $101 from $100 at Barclays
- Wyndham Hotels Reports Strong Q2 Growth and Raises EPS Outlook
- Wyndham Hotels & Resorts Reports Strong Growth in Earnings Call
- Wyndham Hotels Reports Strong Q2 Results, Raises EPS Outlook
- Wyndham Hotels reports Q2 global RevPAR decreased 3% in constant currency