Marriott price target raised to $205 from $185 at Truist

Truist analyst Patrick Scholes raised the firm’s price target on Marriott to $205 from $185 but keeps a Hold rating on the shares after its Q4 earnings beat. The company’s fundamentals continue to reflect notable improvement for the stock that is tied more to high-end business and international travel than peers, the analyst tells investors in a research note. The firm further states that Marriott expects group revenues to strengthen further this year, and it sees "reasons to be encouraged" on the name despite the macro risks.