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Marriott price target raised to $446 from $443 at Wells Fargo

Wells Fargo raised the firm’s price target on Marriott (MAR) to $446 from $443 and keeps an Overweight rating on the shares. The firm notes Q1 results came in well ahead of expectations and guidance for the full year was raised. Headwinds in the Middle East were quantified, and Wells believes management is guiding conservatively for the remainder of 2026.

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