Wells Fargo Maintains Equal-Weight on Park Hotels & Resorts, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dori Kesten has maintained an Equal-Weight rating on Park Hotels & Resorts (NYSE:PK) and increased the price target from $15 to $17.

December 22, 2023 | 1:44 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo analyst Dori Kesten maintained an Equal-Weight rating on Park Hotels & Resorts and raised the price target from $15 to $17.
The increase in price target by Wells Fargo suggests a positive outlook on Park Hotels & Resorts' stock value in the short term. As price targets can influence investor sentiment and stock prices, this revision could lead to an uptick in PK's stock price, especially since the rating was maintained and not downgraded.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100