Wells Fargo Initiates Wyndham Hotels (WH) with ‘Equal Weight’, $82 PT

Wyndham Hotels & Resorts Inc. (NYSE:WH) is one of the most undervalued NYSE stocks to buy right now. On November 18, Wells Fargo initiated coverage of Wyndham Hotels with an Equal Weight rating and $82 price target. Although the company’s shares are currently considered cheap, the analyst remains cautious because consensus earnings estimates still seem overly optimistic. Wells Fargo is maintaining a neutral stance and will wait for an improvement in Wyndham’s Revenue Per Available Room/PAR or reported fee ...