Deutsche Bank analyst Chris Woronka lowered the firm’s price target on Marriott Vacations to $188 from $191 and keeps a Buy rating on the shares. The analyst views the stock’s current valuatoin as "undemanding." The firm views Marriott Vacations as a "classic deep value story with the added bonus of consistent capital returns." A reasonably similar level of capital return is possible in 2023 relative to 2022, the analyst tells investors in a research note.
Published first on TheFly
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- Marriott Vacations sees FY23 adjusted EPS $10.75-$11.54, consensus $11.60
- Marriott Vacations reports Q4 adjusted EPS $2.74, consensus $2.72
- BofA starts Marriott Vacations at Neutral amid questions on sustainability
- Marriott Vacations initiated with a Neutral at BofA
- Marriott Vacations price target lowered to $184 from $195 at Jefferies
