Marriott Vacations price target raised to $120 from $117 at Mizuho

Mizuho raised the firm’s price target on Marriott Vacations (VAC) to $120 from $117 and keeps an Outperform rating on the shares. The firm believes Marriott Vacations is “interesting” into the Q4 print, with a skewed risk/reward into 2025. The company’s the outlook and event path “appears cleaner” with low expectations, the analyst tells investors in a research note. Mizuho believes Marriott Vacations’ cost saves are trending well, with opportunity to invest in growth initiatives.