- SunTrust thinks a split could be in the making at Wyndham Worldwide (WYN +0.7%). The investment firm boosts its price target on the Buy-rated hotel stock to $95 from $84.
- SunTrust based its Wyndham read off yesterday's earnings conference call in which management tipped a rather open stance on M&A and a potential business split (source: Bloomberg).
- Wyndham earnings call transcript