BTIG Maintains Buy on Golden Ocean Group, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Gregory Lewis has maintained a 'Buy' rating on Golden Ocean Group (NASDAQ:GOGL) but lowered the price target from $14 to $10.
July 21, 2023 | 4:44 pm
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Golden Ocean Group's price target has been lowered from $14 to $10 by BTIG, though the 'Buy' rating is maintained.
The lowering of the price target for Golden Ocean Group by BTIG indicates a potential decrease in the stock's value in the short term. However, the maintained 'Buy' rating suggests that the analyst still sees potential in the company's stock, which may mitigate the negative impact.
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IMPORTANCE 80
RELEVANCE 100