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Rating: WYN

Wyndham Worldwide Corp (NYSE: WYN) upgraded to Hold by Deutsche Bank

Monday,  Jan 11, 2016  1:25 PM ET by Kristen Bailey

Deutsche Bank upgraded Wyndham Worldwide Corp (NYSE: WYN) to Hold.
Deutsche Bank rated Wyndham Worldwide Corp (NYSE: WYN) to Sell with price target $69 on 02/02/2015, when the price was $81.27.

Wyndham Worldwide Corporation is a hospitality company engaged in offering individual consumers and business customers a range of hospitality products and services across various accommodation alternatives and price ranges through the portfolio of brands. The Company operates in the lodging, vacation exchange and rentals, and vacation ownership segments of the hospitality industry. Through the lodging business, the Company franchise hotels in the upscale, midscale, and economy segments of the lodging industry and provide hotel management services to owners of luxury, upscale and midscale hotels. Through the vacation exchange and rentals business, the Company provides vacation exchange products and services and access to distribution systems and networks to resort developers and owners of intervals of vacation ownership interests. Through, the vacation ownership business, the Company develops, markets and sells vacation ownership interests to individual consumers.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.

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