Truist Securities Maintains Buy on Park Hotels & Resorts, Lowers Price Target to $19
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Patrick Scholes maintains a 'Buy' rating on Park Hotels & Resorts (NYSE:PK) but lowers the price target from $20 to $19.
July 20, 2023 | 2:30 pm
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NEUTRAL IMPACT
Truist Securities maintains a 'Buy' rating on Park Hotels & Resorts but lowers the price target from $20 to $19.
The news is directly related to Park Hotels & Resorts (PK). While the 'Buy' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact on the stock price is uncertain as the rating is still 'Buy'.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100