Goldman Sachs Maintains Neutral on Par Pacific Hldgs, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Neil Mehta has maintained a Neutral rating on Par Pacific Holdings (NYSE:PARR) while lowering the price target from $32 to $28.

October 09, 2024 | 2:51 pm
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Goldman Sachs has maintained a Neutral rating on Par Pacific Holdings but lowered the price target from $32 to $28, indicating a less optimistic outlook.
The lowering of the price target by Goldman Sachs suggests a less optimistic view on Par Pacific Holdings' future performance, which could lead to a negative short-term impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target may influence investor sentiment negatively.
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