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Marriott International Inc (NASDAQ:MAR) target price raised to $115.00, reported today by Zacks Investment Research

Yesterday Marriott International Inc (NASDAQ:MAR) traded 1.57% higher at $103.84. The company’s 50-day moving average is $94.76 and its 200-day moving average is $85.51. The last stock close price is up 21.69% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 2,416,732 shares of the stock were exchanged, down from an average trading volume of 2,696,090

Marriott International Inc (NASDAQ:MAR) had its price target upped to $115.00 by Zacks Investment Research in a report released Tuesday May 16, 2017. The new target price indicates a possible upside of 0.11% based on the company's previous stock close price.

Previously on 5/10/2017, Canaccord reported about Marriott International Inc (NASDAQ:MAR) raised the target price from $100.00 to $113.00. At the time, this indicated a possible upside of 0.10%.

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Marriott International Inc (NASDAQ:MAR)

Marriott International Inc has a 52 week low of $60.87 and a 52 week high of $104.34 with a P/E ratio of 36.86 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 19 firms have reported on the stock. The consensus target price is $76.16 with 3 firms rating the stock a strong buy, 7 firms rating the stock a buy, 12 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 1 firm rating the stock a sell.

About Marriott International Inc (NASDAQ:MAR)

Marriott International, Inc. (Marriott International) is a lodging company. Marriott International operates in three business segments: North American Full-Service, North American Limited-Service and International. Its North American Full-Service segment includes its Luxury and Premium brands (JW Marriott, Marriott Hotels, Sheraton, Westin, Renaissance Hotels, Le Meridien, Autograph Collection Hotels, Delta Hotels, Gaylord Hotels, and Tribute Portfolio) located in the United States and Canada. Its North American Limited-Service segment includes Select brands (Courtyard, Residence Inn, Fairfield Inn & Suites, SpringHill Suites, Element Hotels and Moxy Hotels) located in the United States and Canada. Its International segment includes JW Marriott, St. Regis, EDITION, Bulgari Hotels & Resorts, Marriott Hotels, Sheraton, Westin, Four Points, Aloft Hotels, AC Hotels by Marriott, Protea Hotels, Element Hotels, and Moxy Hotels located outside the United States and Canada.

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