Goldman Sachs upgraded Marriott Vacations Worldwide (VAC) to Buy from Neutral, setting a price target of $100. The upgrade aligns with the broader analyst consensus.
The firm views Marriott Vacations as a compelling self-help story with meaningful execution-driven earnings upside.
The company generated nearly $1 billion EBITDA in 2022. It trades at a P/E ratio of 19.11. Goldman Sachs says current earnings understate structural EBITDA potential.
The firm sees 17% upside to its 12-month price target of $100.











