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Marriott price target raised to $285 from $255 at Susquehanna

Susquehanna raised the firm’s price target on Marriott (MAR) to $285 from $255 and keeps a Neutral rating on the shares. The firm noted its formal 2025 RevPar guidance is below what it projected at its 2023 investor day and so they remain on the sidelines and continue to see better risk/reward in stocks where they see a persistent, “structural gap” in supply/demand over the mid-term.

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