Mizuho Initiates Coverage On Marriott Intl with Neutral Rating, Announces Price Target of $263
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Ben Chaiken has initiated coverage on Marriott International (MAR) with a Neutral rating and set a price target of $263. This new coverage could influence investor sentiment and potentially impact Marriott's stock price in the short term.

March 26, 2024 | 9:07 am
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Mizuho has initiated coverage on Marriott International with a Neutral rating and a price target of $263, potentially affecting its stock price.
Analyst ratings, especially from reputable firms like Mizuho, can significantly influence investor sentiment and stock prices. A Neutral rating suggests that Mizuho sees Marriott's stock as fairly valued at its current price, which might not lead to a significant short-term price movement. However, the setting of a price target can provide a benchmark for investors, potentially leading to adjustments in investor expectations and stock price as the market digests this new information.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90