UBS Maintains Neutral on Par Pacific Hldgs, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Manav Gupta has maintained a Neutral rating on Par Pacific Holdings (NYSE:PARR) and reduced the price target from $38 to $37.
November 13, 2023 | 3:06 pm
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NEUTRAL IMPACT
UBS analyst Manav Gupta has maintained a Neutral rating on Par Pacific Holdings and lowered the price target from $38 to $37.
The adjustment in price target by UBS reflects a minor change in valuation expectation, which is unlikely to have a significant impact on the stock price in the short term, especially since the rating remains unchanged at Neutral. However, it does indicate a slightly reduced optimism about the company's stock performance potential.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100