UPDATE: JP Morgan Upgrades Marriott International on Growth Potential
January 13, 2014 at 10:28 AM EST
In a report published Monday, JP Morgan analyst Joseph Greff upgraded Marriott International, Inc. (NASDAQ: MAR ) to Overweight from Neutral, with a $58.00 price target. According to the report, the upgrade follows a fresh look at MAR's valuation, lodging industry fundamentals/dynamics and company-specific growth characteristics. “In recent notes, we