Marriott Vacations Worldwide (VAC) Gets Downgraded to Market Perform From Outperform by Citizens – Here’s Why

Group 1 - Marriott Vacations Worldwide Corporation (NYSE:VAC) is considered one of the most undervalued hotel stocks currently available for investment [1] - The company was downgraded to Market Perform from Outperform by Citizens on March 9, following a fiscal Q4 report, indicating concerns about the effectiveness of the new CEO's turnaround strategy [1] - Citizens expressed uncertainty regarding the internal dysfunction within the organization, noting a 60% decline in stock value during the previous CEO's three-year tenure [1] Group 2 - Mizuho upgraded Marriott Vacations Worldwide Corporation to Outperform from Neutral on March 5, raising the price target from $58 to $104, citing improvements under the new CEO, Matthew Avril [2] - The firm believes that the company is effectively leveraging experiences and events to enhance owner upgrades, which may serve as a significant catalyst for share price growth [2] Group 3 - Marriott Vacations Worldwide Corporation operates as a global vacation company, focusing on rental and resort, vacation ownership, exchange, rental and resort, and property management services [3] - The company's operations are categorized into two main segments: Vacation Ownership and Exchange & Third-Party Management [3]