JMP Securities Maintains Market Outperform on Golden Entertainment, Lowers Price Target to $56
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Jordan Bender maintains a Market Outperform rating on Golden Entertainment (NASDAQ:GDEN) but lowers the price target from $57 to $56.
July 17, 2023 | 1:19 pm
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Golden Entertainment's price target has been lowered from $57 to $56 by JMP Securities, though the Market Outperform rating is maintained.
The lowering of the price target by JMP Securities could potentially create a negative sentiment among investors. However, the maintained Market Outperform rating indicates that the analyst still sees potential in the stock, which could balance out the initial negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100