Mizuho raised the firm’s price target on Marriott (MAR) to $246 from $233 and keeps a Neutral rating on the shares post the Q3 report. The concern around Marriott continues to be the disconnect between fee growth and what is implied by the algorithm, but this is in the rearview, the analyst tells investors in a research note.
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Read More on MAR:
- Marriott price target lowered to $283 from $295 at TD Cowen
- Marriott price target raised to $290 from $262 at Bernstein
- Marriott price target raised to $264 from $258 at Baird
- Marriott price target raised to $249 from $240 at Barclays
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