** Mizuho raises price target on Wyndham Hotels & Resorts WH.N to $108 from $97; reiterates "outperform" rating
** New PT represents a 27.5% upside to stock's last close
** Mizuho notes court filings state that WH's largest European franchise Revo Hospitality Group's duplicate structures and integration problems stem from its own aggressive M&A and expansion, not from Wyndham
** On Wednesday, WH disclosed in its earnings release that Revo has filed for insolvency proceedings under self-administration for most of its operating entities; co says it has recorded certain charges related to the issue
** Mizuho says hotels involved are still operating and once the situation is resolved, WH is expected to receive its owed fees retroactively likely in first half of 2027
** Median PT of 17 brokerages covering the stock is $97.9 - data compiled by LSEG
** WH fell 25% in 2025
(Reporting by Megavarshini G. Somasundaram in Bengaluru)
((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))
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