Expert Ratings For Par Pacific Hldgs
Portfolio Pulse from Benzinga Insights
Over the past three months, 7 analysts have evaluated Par Pacific Holdings (NYSE:PARR) with varying opinions. The average 12-month price target has decreased from $42.00 to $37.00. Recent analyst actions include several downgrades and adjustments to price targets, reflecting changing market conditions and company performance.
July 31, 2024 | 8:03 pm
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NEGATIVE IMPACT
Par Pacific Holdings (NYSE:PARR) has seen a decrease in its average 12-month price target from $42.00 to $37.00, with several analysts lowering their ratings and price targets. This reflects a cautious outlook on the company's performance.
The decrease in the average price target and multiple downgrades by analysts indicate a negative short-term outlook for Par Pacific Holdings. This suggests that analysts are less confident in the company's near-term performance, likely leading to downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100