Mizuho Maintains Outperform on Par Pacific Hldgs, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains an Outperform rating on Par Pacific Holdings (NYSE:PARR) but lowers the price target from $30 to $28.
September 16, 2024 | 1:35 pm
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Mizuho analyst Nitin Kumar maintains an Outperform rating on Par Pacific Holdings but lowers the price target from $30 to $28, indicating a slight decrease in expected valuation.
The Outperform rating suggests continued confidence in Par Pacific Holdings' performance, but the lowered price target indicates a slight reduction in expected valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100