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Jefferies Keeps Their Buy Rating on Wyndham Hotels & Resorts (WH)

Tipranks - Tipranks - Fri May 29, 9:48AM CDT

In a report released today, from Jefferies maintained a Buy rating on Wyndham Hotels & Resorts, with a price target of $107.00.

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In a report released on May 21, Bank of America Securities also maintained a Buy rating on the stock with a $95.00 price target.

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Based on Wyndham Hotels & Resorts’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $327 million and a net profit of $61 million. In comparison, last year the company earned a revenue of $316 million and had a net profit of $61 million

Based on the recent corporate insider activity of 99 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WH in relation to earlier this year. Earlier this month, Nicola Rossi, the CAO of WH sold 7,055.00 shares for a total of $601,015.45.

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