Information Provided By: 
Fly News Breaks for May 4, 2016
MAR, HOT
May 4, 2016 | 07:40 EDT
As reported previously, Canaccord downgraded Starwood (HOT) to Hold from Buy. The firm cited the company's pending merger with Marriott (MAR) and the unlikeliness of Starwood shares outperforming Marriott prior to the closing. Canaccord lowered its price target to $86 from $88 on Starwood shares.
News For HOT;MAR From the Last 2 Days
MAR
Apr 23, 2024 | 06:37 EDT
Mizuho lowered the firm's price target on Marriott to $260 from $263 and keeps a Neutral rating on the shares. The analyst cites a more conservative view on RevPAR ahead of the Q1 report for the target drop. RevPAR trends have been slightly weaker than previously modeled, primarily in the United States, the analyst tells investors in a research note.
