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Fly News Breaks for April 12, 2017
WYN
Apr 12, 2017 | 06:01 EDT
JPMorgan analyst Joseph Greff added Wyndham Worldwide to his firm's Analyst Focus List and upped his price target for the shares to $97 from $94. The analyst views investor expectations for 2017 EBITDA as reasonable and sees potential for accelerating growth in 2018. Further, he believes strategic events, such as a spin or separation of Wyndham's three operating segments, could unlock "meaningful" value. The analyst keeps an Overweight rating on the shares.
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