Truist Securities Maintains Buy on Park Hotels & Resorts, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Truist Securities maintains a Buy rating on Park Hotels & Resorts (NYSE:PK) but lowers the price target from $21 to $20.
May 30, 2024 | 1:10 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Park Hotels & Resorts but lowers the price target from $21 to $20.
The maintained Buy rating suggests continued confidence in the stock, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100