Marriott International (MAR) has disclosed a new risk, in the Trade Secrets category.
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Marriott International faces significant business risks due to third-party claims of intellectual property infringement, which can lead to costly legal battles and potential financial liabilities. These claims, often arising from the actions of hotel owners or service providers, may necessitate rebranding or redesigning products and could damage the company’s reputation. Additionally, unauthorized use of Marriott’s intellectual property by others poses a threat to its brand value and competitive edge. Despite efforts to protect its intellectual property, Marriott may incur substantial expenses and resource diversion, potentially affecting its overall business operations.
Overall, Wall Street has a Moderate Buy consensus rating on MAR stock based on 6 Buys and 9 Holds.
To learn more about Marriott International’s risk factors, click here.
