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Fly News Breaks for February 28, 2018
VAC
Feb 28, 2018 | 08:18 EDT
SunTrust analyst C. Patrick Scholes raised his price target on Marriott Vacations to $141 after the company's Q4 earnings beat. Scholes also raised his expected FY18 EPS view to $6.80 from $6.42 on the benefits of tax reform, revenue recognition changes, and license agreement updates. The analyst keeps his Hold rating, stating that he expects the company's margin improvement to be subdued.
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