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Park Hotels & Resorts price target lowered to $16 from $18 at Truist

Park Hotels & Resorts price target lowered to $16 from $18 at Truist

Truist analyst C. Patrick Scholes lowered the firm’s price target on Park Hotels & Resorts to $16 from $18 and keeps a Buy rating on the shares as part of a broader research note on Short-Term Rentals, Lodging, and Lodging REITs. The firm is updating its models to reflect the sector’s Q4 earnings, the analyst tells investors in a research note.

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