Mizuho Initiates Coverage of Wyndham Hotels & Resorts with Neutral Recommendation.

Mizuho initiates coverage of Wyndham Hotels & Resorts (WH) with a Neutral recommendation. The average one-year price target for WH is $98.89/share, representing a 35.41% increase from its latest closing price. The projected annual revenue is 1,738MM, up 21.03%, and non-GAAP EPS is 4.66. There are 905 funds reporting positions in WH, with an average portfolio weight of 0.21%. Capital Research Global Investors holds 7.83M shares, representing 10.36% ownership, and T. Rowe Price Investment Management holds 4.6M shares, representing 6.09% ownership.