TD Cowen Maintains Buy on Par Pacific Hldgs, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Jason Gabelman maintains a Buy rating on Par Pacific Holdings (NYSE:PARR) but lowers the price target from $42 to $36.
June 25, 2024 | 3:32 pm
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NEUTRAL IMPACT
TD Cowen analyst Jason Gabelman maintains a Buy rating on Par Pacific Holdings but lowers the price target from $42 to $36.
The maintained Buy rating suggests continued confidence in Par Pacific Holdings' long-term prospects. However, the lowered price target indicates some short-term concerns or adjustments in valuation, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100