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Morgan Stanley likes Marriott over Hyatt

Sep. 26, 2016 9:05 AM ETMarriott International, Inc. (MAR) StockMAR, HBy: Clark Schultz, SA News Editor
  • Morgan Stanley upgrades Marriott International (NYSE:MAR) to an Overweight rating from Equalweight.
  • The investment firm takes a zero sum approach to the sector by sliding Hyatt Hotels (NYSE:H) to Underweight from Equalweight and assigning a price target of $46.
  • The fresh ratings from MS on the hotel operators is its first take since Marriott and Starwood closed on their mega-merger.
  • MAR +1.23% premarket to $69.28.

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