Wedbush analyst Richard Anderson initiated coverage with a Hold rating on Park Hotels & Resorts on September 30 and set a price target of $12.00. The company’s shares closed yesterday at $11.03.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Anderson is a 4-star analyst with an average return of 8.4% and a 68.31% success rate. Anderson covers the Real Estate sector, focusing on stocks such as AvalonBay, Douglas Emmett, and Safehold.
In addition to Wedbush, Park Hotels & Resorts also received a Hold from TR | OpenAI – 4o’s Cira Pillessa in a report issued yesterday. However, on September 18, Bank of America Securities maintained a Sell rating on Park Hotels & Resorts (NYSE: PK).
The company has a one-year high of $16.23 and a one-year low of $8.27. Currently, Park Hotels & Resorts has an average volume of 3.5M.
Read More on PK:
Disclaimer & DisclosureReport an Issue
- Park Hotels & Resorts initiated with a Neutral at Cantor Fitzgerald
- Park Hotels & Resorts Enhances Credit Facility
- Nebius enters AI pact with Microsoft, Teck to combine with Anglo: Morning Buzz
- Park Hotels & Resorts downgraded to Neutral from Buy at Citi
- Challenging Outlook for Park Hotels & Resorts: Operational Hurdles and Financial Strain Drive Sell Rating