Truist Securities Maintains Buy on Park Hotels & Resorts, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Park Hotels & Resorts but lowered the price target from $20 to $18.
September 04, 2024 | 3:41 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Park Hotels & Resorts but lowers the price target from $20 to $18, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Park Hotels & Resorts, but the lowered price target indicates a slightly less optimistic view on its short-term performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100