Wedbush Initiates Coverage On Park Hotels & Resorts with Neutral Rating, Announces Price Target of $13
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Richard Anderson has initiated coverage on Park Hotels & Resorts (NYSE:PK) with a Neutral rating and a price target of $13.
October 03, 2023 | 12:33 pm
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NEUTRAL IMPACT
Park Hotels & Resorts has been initiated with a Neutral rating by Wedbush, with a price target of $13.
The initiation of coverage by Wedbush with a Neutral rating indicates that the analyst sees the stock as fairly valued at current levels. The price target of $13 provides a reference point for investors, but does not necessarily suggest significant upside or downside. This could lead to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100