Wyndham Worldwide (WYN) Tops Q3 EPS by 3c; Boosts FY12 Outlook, Guides FY13

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Deutsche Bank Downgrades Wyndham Worldwide (WYN) to Hold on Valuation

October 25, 2012 6:55 AM EDT

Deutsche Bank downgraded Wyndham Worldwide (NYSE: WYN) from Buy to Hold with a price target of $57.00 (from $55.00).

The firm comments, "Despite a solid quarter which left the bull case thesis on the stock largely unchanged, we are downgrading shares of WYN to... More