"We sense there had still been considerable skepticism about the sustainability of Wyndham's timeshare earnings heading into the report," said Deutsche Bank analyst Chris Woronka in a note to investors. "We think the main question now ...
However, valuation of its "real estate development business may have compressed slightly vs. February in light of the much-publicized slowdown in the US residential housing market." However, Woronka continued, "we would expect this news ...
Deutsche Bank analyst Chris Woronka pinned the stock's tumble on profit taking. The stock has been up about 775 percent since March 2009. Host shares fell 24 cents to $15.93 on the New York Stock Exchange, while Wyndham shares shed ...