Marriott Vacations Worldwide Shares Fall After Morgan Stanley Downgrade

MT Newswires Live01-17

Marriott Vacations Worldwide (VAC) shares fell more than 4% in recent Friday trading after Morgan Stanley downgraded the stock to underweight from equalweight and cut its price target to $52 per share from $70.

Trading volume stood at over 491,000 shares compared with a daily average of about 699,000 shares.

Price: 59.93, Change: -2.55, Percent Change: -4.08

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment