UBS Maintains a 'Buy' on Marriott International (MAR); Less Conviction in Guidance
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Price: $43.73 +1.25%
Rating Summary:
15 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
15 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade MAR Now!
UBS maintains a 'Buy' on Marriott International (NYSE: MAR) price target of $42.00.
Analyst, Robin M. Farley, said there is less conviction in the company's guidance. Referring Marriott's Q2 earnings report after the bell on July 11, the company posted in-line results ($0.42/share on revenues of $2.8B). MAR also established Q3 guidance of $0.39-0.41 vs. consensus of $0.37. MAR sees FY12 EPS between $1.65-1.75 vs. consensus of $1.65.
For an analyst ratings summary and ratings history on Marriott International click here. For more ratings news on Marriott International click here.
Shares of Marriott International closed at $35.58 yesterday, with a 52 week range of $25.49-$40.45.
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Analyst, Robin M. Farley, said there is less conviction in the company's guidance. Referring Marriott's Q2 earnings report after the bell on July 11, the company posted in-line results ($0.42/share on revenues of $2.8B). MAR also established Q3 guidance of $0.39-0.41 vs. consensus of $0.37. MAR sees FY12 EPS between $1.65-1.75 vs. consensus of $1.65.
For an analyst ratings summary and ratings history on Marriott International click here. For more ratings news on Marriott International click here.
Shares of Marriott International closed at $35.58 yesterday, with a 52 week range of $25.49-$40.45.
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