Wells Fargo analyst Daniel Politzer initiated coverage of Wyndham Hotels (WH) with an Equal Weight rating and $103 price target The firm acknowledges that there’s a lot to like about Wyndham Hotels, namely low expectations, undemanding valuation, and infrastructure tailwinds. But with the stock up 29% quarter-to-date, Wells awaits a better entry point.
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Read More on WH:
- Wyndham Hotels price target raised to $107 from $92 at Stifel
- Wyndham Hotels price target raised to $115 from $90 at Oppenheimer
- Choice Hotels downgraded to Hold from Buy at Jefferies
- Wyndham Hotels nears 600 direct franchise hotels in China over five years
- Wyndham Hotels partners with Reside to expand upscale accommodation offers
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
