Morgan Stanley analyst Stephen Grambling maintained a Buy rating on Marriott International (MAR – Research Report) yesterday and set a price target of $289.00.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Stephen Grambling has given his Buy rating due to a combination of factors influencing Marriott International’s financial performance. The company reported a notable increase in its fourth-quarter EBITDA, surpassing both its own guidance and consensus estimates. This growth was driven by stronger-than-expected fee growth and improvements in RevPAR and room expansion, which were above consensus expectations.
Despite the modest guidance for the first quarter of 2025, which was slightly below consensus, the overall fiscal year 2025 EBITDA guidance aligns closely with long-term growth targets. While there are some concerns about the composition of fee growth compared to room and RevPAR growth, the strong fourth-quarter performance provides a solid foundation for future growth. Investors are advised to look for further insights from management to solidify confidence in Marriott’s long-term growth drivers.
In another report released today, Bank of America Securities also reiterated a Buy rating on the stock with a $315.00 price target.
Based on the recent corporate insider activity of 79 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MAR in relation to earlier this year.