Analysts: Marriott’s Shares Rated Positively and 3 More Research Notes to Look Through
Marriott (NYSE:MAR): Susquehanna raised its price target on Marriott ahead of its third quarter results to $52 from $48. The firm expects higher-than-expected revenue per available room (RevPAR) growth, and the shares carry a Positive rating with a price target raised to $52 from $48.
Diamondback Energy (NASDAQ:FANG): Brean Capital raised its price target on Diamondback Energy to $59 from $53, noting lower well costs, and the addition of the Clearfork horizon asset. The firm believes that the company’s expectations of doubling production volumes while reducing horizontal well costs — as well as the Clearfork horizon asset — could add as much as $5 per share of net asset value, and rates the shares a Buy.
Volcano (NASDAQ:VOLC): Volcano announced that it would report weaker-than-expected third quarter and fiscal year 2013 results, but JMP Securities thinks the issues hindering the company will abate over time, believing that the stock should be bought on any weakness, and the analyst reiterates its $26 price target and Outperform rating on the shares.
CONSOL Energy (NYSE:CNX): Sterne Agee predicts that CONSOL’s decision to sell its five longwall coal mines in West Virginia will cause the stock’s valuation to increase. The firm keeps a $60 price target and Buy rating on the stock.