Baird analyst Michael Bellisario raised the firm’s price target on Marriott to $187 from $183 and keeps a Neutral rating on the shares. The analyst said the broader macroeconomic backdrop is a big driver for Marriott shares, and as global travel trends continue to recover, particularly in Greater China, we see upside to earnings and valuation.
Published first on TheFly
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- Marriott announces organizational structure, executive appointments
- Marriott price target raised to $205 from $185 at Truist
- Marriott price target raised to $183 from $163 at BMO Capital
- Marriott downgraded to In Line at Evercore after 22% year-to-date rally
- Marriott price target raised to $176 from $173 at Barclays
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