JW Marriott Brand Debuts In Singapore
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MKM Partners Raises Price Target on Marriott (MAR) to $98; Reiterates Buy
December 19, 2016 11:28 AM ESTMKM Partners reiterated a Buy rating on Marriott International (NASDAQ: MAR), and raised the price target to $98.00 (from $90.00). MKM Partners Chief Market Technician, Jonathan Krinsky, notes that after a big decline from mid-2015 into early 2016, the stock has nearly recovered the entire loss. It could probably consolidate in this $85 area (prior resistance), but a breakout above that would suggest a completion of a two-year base with upside potential towards... More
