Morgan Stanley Maintains Equal-Weight on Park Hotels & Resorts, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling maintains an Equal-Weight rating on Park Hotels & Resorts (NYSE:PK) and lowers the price target from $14 to $13.
August 25, 2023 | 2:32 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Park Hotels & Resorts and lowered the price target from $14 to $13.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100