Marriott International And Simon Expand Relationship

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Marriott International (MAR) PT Raised to $150 at Morgan Stanley

May 18, 2018 8:18 AM EDT

Morgan Stanley raised its price target on Marriott International (NASDAQ: MAR) to $150.00 (from $148.00) while maintaining a Overweight rating. Morgan Stanley raised 2018/2019 EBITDA estimates by 2-3%, reflecting better RevPAR forecasts, offset slightly by the recent Le Centre Sheraton sale.

Morgan Stanley now forecasts... More