BMO upgrades Marriott International to 'outperform'

Marriott International

09/01/2026 16:48

** BMO upgrades hotel operator Marriott International MAR.O to "outperform" from "market perform"

** Shares of MAR up 1.26% at $328.35

** Brokerage cites MAR is well-positioned with a high-end portfolio and potential EBITDA upside from its credit card program renewals

** We view MAR’s royalty fee-based asset-light model as very attractive, low capital intensity, low fixed costs and strong cash generation, brokerage says

** Brokerage also raises PT to $370 from $285, implying a 13.8% upside to stock's last close

** 13 of 27 brokerages rate the stock "buy" or "higher", 13 "hold" and 1 "sell"; their median PT is $293.50

** Including session moves, MAR up 20.2% in last 12 months

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com))