Analysts Are Downgrading These 5 Stocks

3. Marriott International, Inc. (NASDAQ:MAR)

Number of Hedge Fund Holders: 51

Evercore ISI trimmed its ratings for Marriott International, Inc. (NASDAQ:MAR) from “Outperform” to “In-Line” on Wednesday, February 15. Analyst Duane Pfennigwerth acknowledged the company’s latest earnings beat.

However, Duane said he is moving to the sidelines considering the stock’s recent outperformance, as Marriott shares have jumped about 22 percent on a year-to-date basis and rose nearly 32 percent since his coverage in July 2022.

Earlier this week, Marriott International, Inc. (NASDAQ:MAR) reported adjusted earnings of $1.96 per share for the fourth quarter, beating estimates of $1.83 per share. The quarterly revenue of $5.92 billion also exceeded the consensus of $5.37 billion.