Oppenheimer Maintains Outperform on Playa Hotels & Resorts, Lowers Price Target to $12
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Tyler Batory maintains an Outperform rating on Playa Hotels & Resorts (NASDAQ:PLYA) but lowers the price target from $14 to $12.
August 07, 2023 | 2:05 pm
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Oppenheimer has maintained an Outperform rating on Playa Hotels & Resorts but lowered the price target from $14 to $12.
The news is directly related to Playa Hotels & Resorts. While the Outperform rating is maintained, the lowering of the price target might indicate a slower growth than previously expected. This could potentially impact the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100