Barclays analyst Brandt Montour raised the firm’s price target on Choice Hotels (CHH) to $132 from $129 and keeps an Underweight rating on the shares post the Q4 report. The firm’s 2025 estimates come up with the company’s guidance. Choice’s unit growth disappointed, Key Money remains elevated and continues to weigh on free cash flow, the analyst tells investors in a research note.
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Read More on CHH:
- Choice Hotels Faces Revenue Risks from Franchise Agreement Uncertainties
- Choice Hotels Reports Strong 2024 Financial Performance
- Choice Hotels Reports Strong Q4 and 2024 Performance
- Choice Hotels sees FY25 adjusted EPS $6.98-$7.24, consensus $6.99
- Choice Hotels reports Q4 adjusted EPS $1.55, consensus $1.48