RBC Capital analyst Wes Golladay kept his Outperform rating on Marriott and nudged his price target higher to $148 from $146 after talks with its CFO Leeny Oberg. The analyst notes that the discussions highlighted the strength of the company's Bonvoy loyalty program as well as its "elevated" unit growth and positive RevPAR trends, saying international tourism is particularly strong in U.K. and Japan markets. Golladay also points to the company's positioning in the Asia Pacific, where hotel owners continue to have "high interest" for developing Marriott-branded hotels.

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.