TD Cowen lowered the firm’s price target on Marriott to $265 from $270 and keeps a Market Perform rating on the shares. The firm updated its estimates following Q4 results and noted signings are strong and RevPAR is healthy putting them comfortably on track for Analyst Day profit guide.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on MAR:
- Marriott price target raised to $208 from $177 at Deutsche Bank
- Marriott price target raised to $263 from $233 at Truist
- Marriott price target raised to $239 from $234 at Barclays
- Marriott International Is Worried About This – Should You Be Worried Too?
- Marriott price target raised to $235 from $230 at BMO Capital