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Marriott Pullback On Data Breach An Overreaction, Says Morgan Stanley
Article By:
The Fly
Sunday, December 2, 2018 4:48 PM EDT
Morgan Stanley analyst Thomas Allen said the 6% pullback in Marriott (MAR) shares, which implies about $2.4 billion of lost equity value, is an overreaction, contending that a 2%-3% impact would be more appropriate.