Travel + Leisure price target raised to $61 from $60 at Truist

Truist raised the firm’s price target on Travel + Leisure (TNL) to $61 from $60 and keeps a Buy rating on the shares. Unlike Q2, Q3 was a relatively straightforward quarter, with gross Vacation Ownership Interest sales in-line to somewhat light vs. consensus expectations that led to modestly ahead earnings, the analyst tells investors in a research note. Travel + Leisure called out that trends in their loan loss portfolio are stable and as the quarter progressed the company did not see anythingRead More