Truist Lifts PT on Travel + Leisure Co. (TNL) to $88 From $71 – Here’s Why

Travel + Leisure Co. (NYSE:TNL) is one of the most undervalued hotel stocks to invest in now. Truist lifted the price target on Travel + Leisure Co. (NYSE:TNL) to $88 from $71 on March 3, maintaining a Buy rating on the shares. The rating update came as part of a broader research note on the Lodging names, with the firm telling investors that it is adjusting its valuations as it rolls forward its models to 2027 estimates.

Is Travel + Leisure Co. (TNL) The Best Travel Stock To Buy Right Now?

Travel + Leisure Co. (NYSE:TNL) also received a rating update from Goldman Sachs on February 19, with the firm lifting the price target on the stock to $81 from $71 while maintaining a Neutral rating on the shares. Goldman Sachs stated that the company delivered another solid quarter, with initial 2026 guidance appearing conservative despite some complications from the Resort Optimization Initiative and a mix shift to new owners.

It added that guidance aligns with consensus, excluding a $15 million-$25 million EBITDA benefit from the initiative, and that long-term prospects remain attractive, with mid-single digit EBITDA growth and mid-teens EPS growth anticipated. The firm added that near-term execution on new owner VPG growth will be key for investor conviction.

Travel + Leisure Co. (NYSE:TNL) offers vacation ownership, managed rental, and exchange services. The company owns exchange properties and vacation resorts, and has a comprehensive cruise coverage. Its offerings include Alaskan, All-Inclusive, Caribbean, Disney, European, Family, and River cruises.

While we acknowledge the risk and potential of TNL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TNL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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