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Fly News Breaks for October 25, 2017
MAR, VAC
Oct 25, 2017 | 06:59 EDT
Nomura Instinet analyst Brian Dobson started Marriott Vacations Worldwide (VAC) with a Buy rating and $151 price target. The analyst views the company's EBITDA growth as "compelling" and sees potential for increasing capital returns over the next two years. He believes the Street is underestimating Marriott Vacations' ability to leverage Marriott's (MAR) "best-in-class" loyalty program.
News For VAC;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.
