UBS Maintains Neutral on Par Pacific Hldgs, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Manav Gupta has maintained a Neutral rating on Par Pacific Holdings (NYSE:PARR) but has lowered the price target from $40 to $29.
August 19, 2024 | 3:58 pm
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UBS analyst Manav Gupta has maintained a Neutral rating on Par Pacific Holdings but has lowered the price target from $40 to $29, indicating a less optimistic outlook.
The reduction in the price target from $40 to $29 by UBS suggests a less favorable view on Par Pacific Holdings' future performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations.
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