Baird raised the firm’s price target on Marriott to $198 from $187 and keeps a Neutral rating on the shares. The analyst said Marriott’s strong 1Q23 earnings and increased 2023 guidance reflect global travel trends and pricing power remaining resilient in the face of heightened economic uncertainties.
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Published first on TheFly
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- Marriott price target raised to $188 from $176 at Barclays
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