Wyndham Hotels price target raised to $100 from $90 at Barclays

Barclays analyst Brandt Montour raised the firm’s price target on Wyndham Hotels (WH) to $100 from $90 and keeps an Overweight rating on the shares post the Q3 report. The firm says a “unique set of circumstances emerges” for Wyndham to show some relative near-term RevPAR recovery verses its larger-cap peers. The stock’s relative valuation discount continues to seem at odds with its development momentum, the analyst tells investors in a research note.