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Marriott (NASDAQ:MAR) stock price target reduced to $70.00, issued a report today by Telsey Advisory

Yesterday Marriott (NASDAQ:MAR) traded -0.56% lower at $69.75. The company’s 50-day moving average is $71.25 and its 200-day moving average is $69.05. The last stock close price is up 1.01% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 17,562,130 shares of the stock were exchanged, up from an average trading volume of 3,412,920

Marriott (NASDAQ:MAR) had its target price lowered to $70.00 by Telsey Advisory in a report released 09/23/2016. The new target price indicates steady performance relative to the company's last stock close price.

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Marriott (NASDAQ:MAR)

Marriott has a PE ratio of 20.78 with a one year low of $56.43 and a one year high of $79.88 Marriott’s total market value is presently $0.

A total of 19 equity analysts have released a ratings update on MAR. Three equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, twelve equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $76.16.

Brief Synopsis About Marriott (NASDAQ:MAR)

Marriott International, Inc. is a lodging company. The Company is an operator, franchisor and licensor of hotels and timeshare properties in approximately 90 countries and territories under over 20 brand names. It also develops, operates and markets residential properties, and provides services to home or condominium owner associations. It operates through three segments: North American Full-Service, which includes brands, such as The Ritz-Carlton, EDITION, JW Marriott, Autograph Collection Hotels, Marriott Hotels, Delta Hotels and Resorts, and Renaissance Hotels located in the United States and Canada; North American Limited-Service, which includes brands, such as AC Hotels by Marriott, Courtyard, Residence Inn, SpringHill Suites, TownePlace Suites properties and Fairfield Inn & Suites located in the United States and Canada, and International, which includes brands, such as Bulgari Hotels & Resorts, Protea Hotels and Moxy Hotels located outside the United States and Canada.

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