Barclays Upgrades Park Hotels & Resorts to Overweight, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Anthony Powell has upgraded Park Hotels & Resorts (NYSE:PK) from Equal-Weight to Overweight and raised the price target from $16 to $19.
November 06, 2023 | 1:04 pm
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POSITIVE IMPACT
Park Hotels & Resorts has been upgraded to Overweight from Equal-Weight by Barclays, with a raised price target of $19.
The upgrade from Barclays indicates a positive outlook for Park Hotels & Resorts. The raised price target suggests that Barclays expects the stock to outperform in the short term. This could lead to increased investor interest and potentially a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100