Barclays upgraded Marriott Vacations (VAC) to Overweight from Equal Weight with a price target of $116, up from $97. The firm says timeshare remains its least favorite sector in the gaming and leisure, but it is no longer net negative timeshare on a standalone basis, following its conference where all three operators sounded net positive post-election. Barclays sees Marriott Vacations as the “cleanest, most attractive way” to gain long exposure to potential upside within timeshare in 2025. The firm says the company is the highest net worth consumer of the three operators.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VAC:
- Marriott Vacations price target raised to $85 from $70 at Goldman Sachs
- Marriott Vacations boosts quarterly dividend to 79c from 76c
- Marriott Vacations price target raised to $142 from $139 at Truist
- Marriott Vacations price target raised to $112 from $102 at Stifel
- Marriott Vacations price target raised to $115 from $90 at JMP Securities