Truist Securities Maintains Buy on Playa Hotels & Resorts, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Playa Hotels & Resorts (NASDAQ:PLYA) but has lowered the price target from $12 to $10.
August 08, 2024 | 12:51 pm
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Truist Securities has maintained its Buy rating on Playa Hotels & Resorts but has lowered the price target from $12 to $10.
The maintained Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook on its near-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100