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Hudson is out with its report on Wyndham Worldwide
WYN, raising its PT from $38 to $48.
In a note to clients, Hudson writes, "WYN remains a compelling value, especially given the timeshare valuation benchmark created by the recent P/E acquisition of Silverleaf. We reiterate our Buy rating and are taking the admittedly bold move of raising our price target to $48, 62% above yesterday's close and $10 higher than our last PT."
At the time of posting, shares of WYN were trading at $29.61, down 0.24% from Wednesday's close.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsConsumer DiscretionaryHotels, Resorts & Cruise LinesHudsonwyndham worldwide
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