JP Morgan Reiterates Overweight Rating On WYN

JP Morgan has issued a report maintaining the Overweight Rating on Wyndham Worldwide WYN. According to the report, "This morning, WYN reported very strong 1Q11 results, beating revenues and adjusted EBITDA expectations on upside in its lodging franchise and vacation exchange and rentals segments. Timeshare was right in line. Operationally, all segments looked solid." WYN closed yesterday at $33.14 a share.