Marriott price target raised to $385 from $280 at Susquehanna

Susquehanna analyst Christopher Stathoulopoulos raised the firm’s price target on Marriott (MAR) to $385 from $280 and keeps a Neutral rating on the shares. The firm adjusted targets in the lodging space as part of a Q1 preview. Susquehanna maintains a neutral view of the sector. Susquehanna is cautious on the lower-to-mid scale platforms, saying war-related inflationary pressures could put additional weight on more price sensitive travel groups.