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Fly News Breaks for February 19, 2020
CHH
Feb 19, 2020 | 07:31 EDT
SunTrust analyst C. Patrick Scholes raised his price target on Choice Hotels to $91 after its Q4 earnings beat, saying the quarter was supported by the company's minimal China exposure relative to its Lodging peers. The analyst still keeps his Hold rating on the shares however, citing weak macro trends in the industry as well as the company's lower-end price points and above-average valuation compared with its historical levels.
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