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Fly News Breaks for June 18, 2015
TRIP, MAR
Jun 18, 2015 | 07:37 EDT
UBS said the TripAdvisor (TRIP) deal is attractive for Marriott (MAR) since its adds a new customer acquisition outlet with a flexible partner. The firm also noted fear of further consolidation in the OTA space and the likelihood Marriott is at the low end of the commission scale. UBS reiterated its Neutral rating and $83 price target on Marriott shares.
News For MAR;TRIP From the Last 2 Days
TRIP
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