Marriott price target raised to $335 from $330 at Argus

Argus analyst John Staszak raised the firm’s price target on Marriott (MAR) to $335 from $330 and keeps a Buy rating on the shares after its Q4 earnings beat. Marriott’s profitable fee-based business, strong liquidity, and emphasis on corporate travel position it well for earnings growth in 2025, the analyst tells investors in a research note. The company’s global operating model, which enables it to expand room capacity anywhere in the world, is also a strong long-term positive, Argus adds.