Mizuho analyst Ben Chaiken raised the firm’s price target on Marriott to $265 from $260 and keeps a Neutral rating on the shares. Marriott reported better than expected Q1 adjusted EBITDA and a strong start to the year, the analyst tells investors in a research note.
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- MAR Earnings: Marriott Drops on Mixed Q1 Results
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- Marriott raises FY24 adjusted EPS view to $9.31-$9.65 from $9.18-$9.52
- Marriott sees Q2 adjusted EPS $2.43-$2.48, consensus $2.51
