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Marriott International (NYSE: MAR) was the recipient of a ratings changes during the seven days:

  • Marriott International had its “market outperform” rating reaffirmed by analysts at Jefferies Group. They now have a $71.00 price target on the stock, up previously from $65.00.
  • Marriott International had its price target raised by analysts at MKM Partners from $60.00 to $67.00. They now have a “neutral” rating on the stock.
  • Marriott International had its “overweight” rating reaffirmed by analysts at Barclays. They now have a $70.00 price target on the stock, up previously from $62.00.
  • Marriott International had its “outperform” rating reaffirmed by analysts at Raymond James. They now have a $72.00 price target on the stock, up previously from $65.00.
  • Marriott International had its “neutral” rating reaffirmed by analysts at Zacks. They now have a $69.00 price target on the stock. Zacks‘ analyst wrote, “Marriott International’s second quarter adjusted earnings of $0.71 beat the Zacks Consensus Estimate by 6% and were up 24.6% year over year. The upside reflects an increase in occupancy and room rates worldwide. Revenues of $3.48 billion missed the consensus mark by 1.6% in part due to currency headwinds related to the Venezuelan bolivar devaluation. However, it increased 6.8% year over year, owing to solid revenue per available room (RevPar) growth. Given the strength, the company increased its RevPar guidance for 2014 for the second consecutive quarter. The company is progressing well on the back of a growing North American business, significant international exposure and an aggressive buyback strategy. However, lingering political uncertainty in Latin America and in some parts of Africa and the economic slowdown in China are denting sales in international markets. Moreover, fluctuation in exchange rates adds to the woes. We maintain our Neutral recommendation on the stock.”
  • Marriott International had its price target raised by analysts at SunTrust from $59.00 to $63.00. They now have a “neutral” rating on the stock.
  • Marriott International had its price target raised by analysts at FBR Capital Markets from $66.00 to $76.00. They now have an “outperform” rating on the stock.
  • Marriott International had its “hold” rating reaffirmed by analysts at MLV & Co
    . They now have a $64.00 price target on the stock, down previously from $67.00.

Marriott International Inc (NYSE:MAR) opened at 65.70 on Tuesday. Marriott International Inc has a 1-year low of $39.58 and a 1-year high of $67.12. The stock’s 50-day moving average is $64.75 and its 200-day moving average is $57.81. The company has a market cap of $19.090 billion and a P/E ratio of 29.75.

Marriott International, Inc is a diversified hospitality company. It is a lodging company with more than 3,700 properties in 73 countries and territories.

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