Hudson Securities Raises Wyndham Worldwide PT To $50, Reiterates Buy (WYN)

Hudson Securities raised its Wyndham Worldwide (NYSE: WYN) price target from $48 to $50 and reiterated Wyndham Worldwide's Buy rating in a research report published today.

In the report, Hudson Securities states, "Wyndham beat 1Q expectations on strong margins across all three business segments. WYN's cash flow juggernaut generated $185 million of FCF, or over $1 per share. WYN put that FCF to use by buying $255 million of stock and bumped the dividend 25%."

Shares of Wyndham Worldwide were trading at $34.04 at the time of posting, up 0.12% from Wednesday's market close.