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Park Hotels & Resorts price target raised to $11 from $10 at JPMorgan

JPMorgan analyst Daniel Politzer raised the firm’s price target on Park Hotels & Resorts to $11 from $10 and keeps an Underweight rating on the shares. The firm adjusted targets in the lodging group as part of a Q4 preview. Investor expectations “appear reasonably set” as U.S. Lodging trends remain mixed, the analyst tells investors in a research note.

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