7/102 sources · 2 publishersUpdated Nov 3, 20:11 UTC
Freedom Broker downgrades Marriott to Hold while raising price target to $439
Freedom Broker lowered its rating on Marriott International from Buy to Hold after the hotel operator posted Q3 2026 results that beat forecasts. The analyst lifted its price target to $439 from $408, implying about 5.5% upside. Adjusted EBITDA rose 12% to $1.51 billion and revenue increased 8% to $7.01 billion.
Why it matters
The downgrade to Hold may temper investor enthusiasm, while the higher target suggests modest upside potential, according to Freedom Broker's note.
Key facts
- 1Freedom Broker downgraded Marriott to Hold from Buy. seekingalpha.com
- 2The analyst raised the price target to $439 from $408. seekingalpha.com
- 3The new target implies a 5.5% upside. seekingalpha.com
- 4Adjusted EBITDA grew 12% to $1.51 billion. tradingview.com
- 5Revenue grew 8% to $7.01 billion. tradingview.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.