Morgan Stanley raised the firm’s price target on Choice Hotels (CHH) to $141 from $134 and keeps an Equal Weight rating on the shares. Following Q3 results, the firm “modestly” tweaks its EBITDA and EPS estimates to embed stronger RevPAR growth and greater contribution from Radisson, the analyst tells investors.
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Read More on CHH:
- Choice Hotels price target raised to $145 from $138 at Baird
- Choice Hotels downgraded to Hold from Buy at Jefferies
- Choice Hotels price target raised to $114 from $113 at Deutsche Bank
- Choice Hotels price target raised to $123 from $112 at Barclays
- Choice Hotels Reports Record Third Quarter Earnings
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