Marriott price target raised to $308 from $277 at Truist

Truist analyst C. Patrick Scholes raised the firm’s price target on Marriott (MAR) to $308 from $277 and keeps a Hold rating on the shares after its Q4 earnings beat. The company’s core growth algorithm remains intact for 2025, but the post-earnings stock underperformance is reflective primarily of the cash return to shareholders guidance coming down 10% y/y and around 20% lighter than most investors were expecting, the analyst tells investors in a research note.