Wells Fargo Maintains Equal-Weight on Marriott Intl, Lowers Price Target to $248
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Daniel Politzer has maintained an Equal-Weight rating on Marriott International (NASDAQ:MAR) and reduced the price target from $250 to $248.
May 02, 2024 | 1:42 pm
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Wells Fargo maintains an Equal-Weight rating on Marriott International and lowers the price target from $250 to $248.
The adjustment in price target by Wells Fargo reflects a minor revision in their valuation of Marriott International. Given the small decrease, the impact on the stock price is likely to be limited in the short term. The maintenance of an Equal-Weight rating suggests that the analyst views the stock as fairly valued at its current price, indicating a neutral outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90