Goldman Sachs raised the firm’s price target on Marriott (MAR) to $288 from $287 and keeps a Neutral rating on the shares. Marriott provided several key positive updates with its commentary that the company could re-negotiate a new credit deal sometime next year the key positive surprise for the stock, the analyst tells investors in a research note. The firm notes that this would be the first time Marriott has negotiated new economics since 2017.
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