Freedom Broker Downgrades Marriott International to Hold with Increased Price Target
Freedom Broker has downgraded Marriott International (MAR) from Buy to Hold following the company's third-quarter 2026 earnings report. Despite the downgrade in rating, the analyst raised the price target for the hotel operator from $408 to $439. The decision comes after Marriott reported quarterly results that exceeded analyst forecasts. The new price target suggests a potential upside of approximately 5.5% from current levels, reflecting a recalibration of expectations despite the stronger-than-expected financial performance.
Tickers: $MAR
Topics: analyst downgrade earnings report price target change