Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Johnson Controls (JCI) reinstated with an Equal Weight at Barclays. 2. Wyndham Hotels & Resorts (WH) initiated with a Buy at BofA/Merrill. 3. Misonix (MSON) initiated with a Buy at BTIG. 4. Avantor (AVTR) initiated with an Outperform at Raymond James. 5. Fastly (FSLY) initiated with a Neutral at Citi. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

Barclays analyst Brandt Montour raised the firm's price target on Wyndham Hotels to $88 from $87 and keeps an Overweight rating on the shares post the Q1 report. The company's guidance is "still a high bar, but things do get easier from here," the analyst tells investors in a research note.

Reports Q1 revenue $1.68B, consensus $1.68B. "The year is off to a good start as first quarter organic revenue growth was in line with our guidance and disciplined execution drove outperformance on margins and profitability. We are encouraged by the relative stability of our end markets, the impact of our commercial intensity on customer wins and contract renewals, and the sequential improvement in our bioprocessing orders," said Michael Stubblefield, President and Chief Executive Officer.

Reports Q1 revenue $304M, consensus $308.26M. Global RevPAR grew 1% in constant currency and ancillary revenues grew 8% compared to Q1 2023. "We're thrilled to announce another strong quarter of progress in our executions, openings, franchisee retention and net room growth around the world," said CEO Geoff Ballotti. "Increased interest from hotel owners in our brands has propelled our development pipeline to a record 243,000 rooms, marking an impressive 8% increase. Our strong balance sheet and cash flow generation capabilities provide significant opportunity to continue to enhance returns to our shareholders over both the short and long-term, as evidenced by our Board of Directors' approval of a $400M increase in our share repurchase authorization."