BMO Capital raised the firm’s price target on Marriott (MAR) to $210 from $192 but keeps a Market Perform rating on the shares after its Q2 earnings beat. The quarter’s strength was led by international markets, as domestic performance was “more mixed”, the analyst tells investors in a research note. The risk/reward on the stock looks balanced, with more downside risk than for Hilton (HLT), BMO added.
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