Wells Fargo initiated coverage of Marriott Vacations (VAC) with an Underweight rating and $37 price target The firm wants to see a return to more consistent results before becoming more constructive on the stock. It is “hesitant to call a bottom” in Marriott Vacations at current share levels due to industry headwinds and the company’s “poor” execution.
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Read More on VAC:
- Marriott Vacations price target lowered to $81 from $127 at Truist
- Marriott Vacations price target lowered to $52 from $76 at Jefferies
- Marriott Vacations Announces Leadership Change with Miller’s Retirement
- Marriott Vacations downgraded to Neutral from Outperform at Mizuho
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