Keefe, Bruyette & Woods Reiterates Market Perform on Park Ntl, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Damon Delmonte reiterated a Market Perform rating on Park National (AMEX:PRK) and raised the price target from $125 to $130.
April 24, 2024 | 2:54 pm
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Park National's price target was raised from $125 to $130 by Keefe, Bruyette & Woods, maintaining a Market Perform rating.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals a positive outlook on the stock, suggesting potential upside. However, the maintenance of a Market Perform rating indicates that the stock might perform in line with the market, tempering expectations for significant outperformance in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100