Mizuho Maintains Neutral on Marriott Intl, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Ben Chaiken has maintained a Neutral rating on Marriott International (NASDAQ:MAR) and increased the price target from $260 to $265.
May 02, 2024 | 11:57 am
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NEUTRAL IMPACT
Mizuho has maintained a Neutral rating on Marriott International and raised the price target from $260 to $265.
The adjustment in price target by Mizuho reflects a modestly positive outlook on Marriott International's stock, suggesting a belief in the company's stable future performance without a strong conviction for significant stock price movement. The Neutral rating indicates that Mizuho does not see the stock as overvalued or undervalued at its current price, hence the score is neutral. The high relevance is due to the direct mention and focus on Marriott International. The importance is significant as price target adjustments by reputable analysts can influence market perception, but it's not at the highest level due to the rating remaining unchanged. The confidence level is high, reflecting the clear and specific nature of the analyst's action.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100