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Fly News Breaks for March 29, 2016
HOT, MAR
Mar 29, 2016 | 07:40 EDT
Susquehanna said they continue to recommend Marriott (MAR) with or without an acquisition of Starwood (HOT). The firm believes either scenario will be a "win-win" for Marriott and that the highest price the company could pay for the purchase of Starwood where it would remain beneficial would be $87 per share. Susquehanna reiterated its Positive rating and lowered its price target to $86 from $87 on Marriott shares.
News For MAR;HOT 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.
