BMO raises PT on Marriott after Q1 results top estimates
ReutersMay 7, 2025 12:26 PM
BMO Capital raises price target on Marriott International MAR.O to $265 from $250 as Q1 earnings beat estimate, driven by strength in international markets
The new price target shows 5.2% upside to the stock's last close
Rating unchanged at "market perform"
"Despite the weaker backdrop and bolstered by 1Q upside, 2025 guidance was largely unchanged"- BMO
Says co's annual revenue per available room (REVPAR) outlook lowered by 50 basis points
9 of 27 brokerages rate the stock "buy" or higher, 17 "hold" and 1 "sell"; their median PT is $272- LSEG
As of last close, stock has fallen 9.7% YTD
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