Hudson Securities Reiterates Wyndham Worldwide Buy (WYN)

Hudson Securities reiterated its Wyndham Worldwide WYN Buy rating in a research report published today. In the report, Hudson Securities states, "WYN has delivered on all its promises. It produced $600 million of free cash flow, it increased its dividend, it bought back a lot of stock, and is made acquisitions of several fee-based business that fold nicely into its existing portfolios. At under 7.0x we think WYN is the most compelling value story in our universe." Shares of Wyndham Worldwide were at $30.60 in pre-market trading at the time of posting, down 0.81% from Tuesday's market close.