Street View: Multiple brokerages lift Marriott's PT, citing upcoming credit card deal optimism

Marriott International

05/11/2025 16:53

** Multiple brokerages lift Marriott International MAR.O PT after co raised its 2025 profit forecast, banking on resilient demand for luxury accommodation and upcoming credit card deal optimism

** Shares of Marriott rise nearly 3.5% to about $281.8 in early trading after they rose about 3.2% yesterday

** 10 of 27 brokerages rate the stock "buy" or higher, 16 "hold" and one "sell"; their median PT is $288 - data compiled by LSEG

** As of last close, shares up about 2.7% YTD

CREDIT CARD DEAL OPTIMISM AND LUXURY ACCOMODATION DEMAND

** Mizuho (lifts PT to $297 from $274) says MAR's upcoming credit card deal renewal with Amex/Chase, which could be meaningful, contributing ~$719 mln in 2025 and the brokerage estimates ~$780 mln in 2026

** J.P.Morgan (lifts PT to $294 from $281) says renegotiated credit card fees serve as a positive catalyst and could drive upside to FY26/27 estimates

** BMO (lifts PT to $285 from $280) says MAR remains relatively better positioned versus peers with higher-end and international markets strength

 (Reporting by Parth Chandna)

 ((Parth.Chandna@thomsonreuters.com;))