Rodman & Renshaw Comments on Wyndham Worldwide

Rodman & Renshaw has published a report on Wyndham Worldwide Corporation WYN. In the report, Rodman & Renshaw wrote, "WYN reports 2Q11 results Wednesday morning before their 8:30 am EDT conference call. Our current published 2Q11 EPS estimate of $0.55 is a penny below the Street and at the upper end of WYN's guidance range of $0.53-$0.56. At this point, we think the probability is greater that WYN exceeds our estimates rather than falls short. For reference, WYN exceeded the high end of its guidance by $0.03, $0.02, $0.04, and $0.09 the preceding four quarters." Rodman & Renshaw rated Wyndham Worldwide a Market Outperform with a price target of $50.00. Wyndham Worldwide closed Monday at $34.19.