TD Cowen Maintains Buy on Par Pacific Hldgs, Lowers Price Target to $32
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 $36 to $32.
August 09, 2024 | 6:11 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 $36 to $32.
The maintained Buy rating suggests continued confidence in Par Pacific Holdings' performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100