Compass Point Maintains Buy on Park Hotels & Resorts, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Floris Van Dijkum maintains a Buy rating on Park Hotels & Resorts (NYSE:PK) but lowers the price target from $25 to $20.
October 31, 2024 | 2:20 pm
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NEUTRAL IMPACT
Compass Point maintains a Buy rating on Park Hotels & Resorts but lowers the price target from $25 to $20, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Park Hotels & Resorts, but the lowered price target indicates a more cautious outlook on its future performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100