JPMorgan raised the firm’s price target on Marriott (MAR) to $323 from $294 and keeps a Neutral rating on the shares. The firm adjusted targets in the lodging group as part of a Q4 preview. Investor expectations “appear reasonably set” as U.S. Lodging trends remain mixed, the analyst tells investors in a research note.
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:
- JFB Construction commences construction on Marriott project
- Marriott price target raised to $350 from $320 at Evercore ISI
- Marriott price target raised to $328 from $296 at Morgan Stanley
- Marriott price target raised to $320 from $276 at Barclays
- Marriott price target raised to $345 from $285 at Citi