Truist analyst C. Patrick Scholes raised the firm’s price target on Marriott to $221 from $213 and keeps a Hold rating on the shares after its Q2 earnings beat that saw a number of tailwinds and positive commentary heading into its Investor Day. The continued success of credit card signups and spend in international markets also speaks to the strength of Marriot, particularly its loyalty program, the analyst tells investors in a research note.
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