Morgan Stanley Reiterates Equal-Weight on Park Hotels & Resorts, Maintains $14 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling reiterated an Equal-Weight rating on Park Hotels & Resorts (NYSE:PK) and maintained a $14 price target.

June 27, 2023 | 12:44 pm
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Morgan Stanley analyst Stephen Grambling reiterated an Equal-Weight rating on Park Hotels & Resorts (NYSE:PK) and maintained a $14 price target.
The news is directly related to Park Hotels & Resorts (NYSE:PK) as Morgan Stanley analyst Stephen Grambling reiterated an Equal-Weight rating and maintained a $14 price target. This indicates that the analyst believes the stock is fairly valued and should trade around the target price. However, the rating does not suggest any significant upside or downside potential, making the short-term impact neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100