Information Provided By:
Fly News Breaks for September 24, 2019
PK
Sep 24, 2019 | 07:18 EDT
Following a period of restriction, JPMorgan analyst Brandt Montour reinstated coverage of Park Hotels & Resorts with an Underweight rating and $23 price target. This is a downgrade from the analyst's prior rating of Neutral. The analyst views the lodging real estate investment trust as relatively unattractive compared to the lodging C-corps. He also expects broader industry RevPAR growth to continue to decelerate. He believes deal synergies are not enough for Park Hotels to offset weakening industry fundamentals.
News For PK From the Last 2 Days
There are no results for your query PK
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.