
Mizuho raises price target on Wyndham Hotels & Resorts WH.N to $108 from $97; reiterates "outperform" rating
New PT represents a 27.5% upside to stock's last close
Mizuho notes court filings state that WH's largest European franchise Revo Hospitality Group's duplicate structures and integration problems stem from its own aggressive M&A and expansion, not from Wyndham
On Wednesday, WH disclosed in its earnings release that Revo has filed for insolvency proceedings under self-administration for most of its operating entities; co says it has recorded certain charges related to the issue
Mizuho says hotels involved are still operating and once the situation is resolved, WH is expected to receive its owed fees retroactively likely in first half of 2027
Median PT of 17 brokerages covering the stock is $97.9 - data compiled by LSEG
WH fell 25% in 2025