Mizuho Initiates Coverage On United Parks & Resorts with Underperform Rating, Announces Price Target of $47
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Ben Chaiken initiates coverage on United Parks & Resorts (NYSE:PRKS) with an Underperform rating and a price target of $47.
March 26, 2024 | 8:56 am
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Mizuho has initiated coverage on United Parks & Resorts with an Underperform rating and a price target of $47.
The initiation of coverage by Mizuho with an Underperform rating suggests a bearish outlook on PRKS's stock in the short term. The price target of $47 could indicate that Mizuho analysts believe the stock is currently overvalued, which may lead to a negative impact on its stock price as investors adjust their expectations.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100