Goldman Sachs Maintains Neutral on Par Pacific Hldgs, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Neil Mehta maintains a Neutral rating on Par Pacific Holdings (NYSE:PARR) and raises the price target from $31 to $35.

September 01, 2023 | 12:54 pm
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Goldman Sachs maintains a Neutral rating on Par Pacific Holdings and raises the price target from $31 to $35.
The news directly pertains to Par Pacific Holdings (PARR). Goldman Sachs' decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $31 to $35 suggests a positive outlook in the longer term. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100