Marriott price target raised to $75 from $70 at Argus Argus increased its price target on Marriott as the firm raised its estimates on the company to reflect accelerated share buybacks and higher incentive management fees. It remains upbeat on the company's outlook and keeps a Buy rating on the shares.
News For MAR From The Last 14 Days
Check below for free stories on MAR the last two weeks.
Marriott reports Q2 adjusted EPS 71c, consensus 67c Reports Q2 revenue $3.48B, consensus $3.53B. Reports Q2 North American comparable systemwide RevPAR rose 6.0% with average daily rates up 3.7%. On a constant dollar basis, worldwide comparable systemwide RevPAR rose 5.8% in Q2, including a 3.5% increase in average daily rate