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Park Hotels & Resorts price target lowered to $17 from $17.50 at BofA

BofA lowered the firm’s price target on Park Hotels & Resorts to $17 from $17.50 and keeps a Neutral rating on the shares. The firm expects Q2 results for the Lodging group within outlook ranges and tweaked company models to align with the firm’s trackers, the analyst tells investors in a preview note.

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