Barclays analyst Anthony Powell raised the firm’s price target on Park Hotels & Resorts to $21 from $19 and keeps an Overweight rating on the shares. The analyst says the company stands to benefit from Hawaii inbound strength, renovation uplift in Orlando and Key West, and group travel in New York City.
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Read More on PK:
- Park Hotels & Resorts sees FY24 FFO $2.02-$2.22, consensus $2.14
- Park Hotels & Resorts raises quarterly dividend to 25c from 15c per share
- Park Hotels & Resorts reports Q4 FFO 52c, consensus 51c
- Park Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2023 Results (CORRECTED) and Announces First Quarter Dividend of $0.25 Per Share
- Park Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2023 Results and Announces First Quarter Dividend of $0.25 Per Share
