JPMorgan Lifts PT on Choice Hotels International (CHH) to $102 From $95

Core Viewpoint - Choice Hotels International, Inc. (NYSE:CHH) is considered one of the most undervalued travel stocks by hedge funds, with recent price target adjustments from major financial institutions indicating a mixed outlook for the U.S. lodging sector [1][2][3]. Group 1: Price Target Adjustments - JPMorgan raised the price target for Choice Hotels to $102 from $95 while maintaining a Neutral rating, indicating that investor expectations are reasonably set [1]. - Goldman Sachs increased its price target to $100 from $90, also reaffirming a Neutral rating, and anticipates an acceleration in U.S. RevPAR growth starting in 2025, supported by events like the World Cup and higher tax refunds [2]. - Morgan Stanley lowered its price target to $91 from $106, keeping an Equal Weight rating, and noted muted fundamentals in lodging, gaming, and leisure for 2025, with expectations of similar trends in 2026 [3]. Group 2: Company Operations - Choice Hotels International, Inc. is engaged in the franchising and operation of hotels, with its operations divided into Hotel Franchising and Corporate and Other segments [4].