Marriott International (MAR) Receives a Buy from Cowen & Co.

By Jason Carr

In a report released yesterday, Kevin Kopelman from Cowen & Co. reiterated a Buy rating on Marriott International (MARResearch Report), with a price target of $150. The company’s shares closed yesterday at $128.48.

Kopelman has an average return of 15.2% when recommending Marriott International.

According to, Kopelman is ranked #1809 out of 5203 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Marriott International with a $129.17 average price target.

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Based on Marriott International’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $5.05 billion and net profit of $483 million. In comparison, last year the company earned revenue of $5.88 billion and had a net profit of $201 million.

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Marriott International, Inc. is a diversified global lodging company, which engages in the operation and franchise of hotels, corporate housing properties, and timeshare properties. It operates through the following business segments: North American Full-Service; North American Limited-Service; and International.