Wyndham Hotels price target raised to $107 from $101 at Morgan Stanley

Morgan Stanley analyst Stephen Grambling raised the firm’s price target on Wyndham Hotels (WH) to $107 from $101 and keeps an Overweight rating on the shares. Gaming, lodging and leisure appear to be “on better footing heading into 2025,” but “if past is prologue from the new administration then overall growth in the sector may stay tempered in most segments,” says the analyst, who is shuffling the firm’s hand to reflect recent moves and aligning estimates with the firm’s economists’ forecasts.