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Korea Investment CORP Sells Marriott Shares as Analysts Update Targets

Marriott International logoMarriott International
Sig1.33Sen+0.77Env0.00Soc0.00Gov0.00

Capital International Investors increased its Marriott International stake to 4,107,531 shares, and other asset managers also reported share buys. Several analysts adjusted Marriott price targets and maintained overweight/neutral stances. Marriott reported quarterly EPS of $3.19, above the $3.08 estimate, while revenue was listed at $2.01 billion versus a $7.19 billion consensus estimate.

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