UBS analyst Robin Farley raised the firm’s price target on Park Hotels & Resorts to $15 from $14 and keeps a Neutral rating on the shares. The firm changed its model following the company’s Q3 earnings and the announcement that it finalized long-term labor agreements at their Hilton Hawaiian Village Waikiki Beach Resort, Hilton Boston Logan Airport, DoubleTree Hotel Seattle Airport and Hilton Seattle Airport & Conference Center properties.
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Read More on PK:
- Park Hotels strike pact removes near-term uncertainty, says BMO Capital
- Park Hotels & Resorts lowers 2024 AFFO view to $2.00-$ 2.10 from $2.10-$2.26
- Park Hotels & Resorts price target lowered to $20 from $25 at Compass Point
- Park Hotels & Resorts: Strong Q3 2024 Performance
- Park Hotels & Resorts reports Q3 EPS 26c, consensus 14c
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
