Wells Fargo Maintains Equal-Weight on Park Hotels & Resorts, Lowers Price Target to $14.5
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dori Kesten maintains an Equal-Weight rating on Park Hotels & Resorts (NYSE:PK) but lowers the price target from $17 to $14.5.
September 13, 2024 | 3:19 pm
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Wells Fargo has maintained its Equal-Weight rating on Park Hotels & Resorts but has lowered the price target from $17 to $14.5, indicating a less optimistic outlook.
The lowering of the price target by Wells Fargo suggests a less optimistic view on Park Hotels & Resorts' future performance, which could lead to a negative short-term impact on the stock price.
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