Barclays analyst Brandt Montour lowered the firm’s price target on Marriott (MAR) to $262 from $276 and keeps an Equal Weight rating on the shares as part of a Q3 earnings preview for the lodging c-corps. The firm expects “soft” sales results for Q3 and downside to Q4 outlooks.. The analyst reduced 2026 estimates and remains “relatively downbeat” on lodging pending signs that broad RevPAR reacceleration can drive a positive revision cycle.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MAR:
- Marriott International: Strategic Growth and Technological Advancements Justify Buy Rating
- Marriott and Hawkins Way Capital to launch Series by Marriott brand in the U.S.
- Marriott price target raised to $310 from $300 at Argus
- Marriott price target raised to $327 from $309 at Bernstein
- Marriott price target raised to $278 from $273 at Truist
