Stifel analyst Simon Yarmak lowered the firm’s price target on Marriott Vacations (VAC) to $83 from $101 and keeps a Buy rating on the shares. The company’s shares are expected to lag on a disappointing, with adjusted EBITDA below consensus expectations, the analyst tells investors in a research note.
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Read More on VAC:
- Marriott Vacations reports Q3 adjusted EPS $1.69, consensus $1.60
- Marriott Vacations sees FY25 adjusted EPS $6.70-$7.10, consensus $6.77
- Marriott Vacations Reports Q3 Loss Amid Sales Decline
- VAC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Marriott Vacations price target lowered to $70 from $74 at Morgan Stanley