Gabelli Continues Wyndham Worldwide Buy (WYN)

Gabelli & Company continued its Wyndham Worldwide WYN Buy rating in a research report published today. In the report, Gabelli states, "With a significantly realigned vacation ownership business, solid balance sheet, strong free cash generation and an attractive valuation (7.4x 2012E EBITDA), Wyndham is positioned to benefit from the continuing recovery in the lodging industry." Shares of Wyndham Worldwide were at $29.50 in after hours trading, down 0.61% from Thursday's market close.