Analyst Expectations for Genco Shipping & Trading's Future
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 4 analysts have published their bullish opinion on Genco Shipping & Trading (NYSE:GNK) stock. The company has an average price target of $21.25, a decrease of 4.49% from the previous average price target of $22.25.
July 21, 2023 | 6:00 pm
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Analysts have a bullish outlook on Genco Shipping & Trading, with a revised average price target of $21.25, down 4.49% from the previous target.
The bullish sentiment from analysts indicates a positive outlook for Genco Shipping & Trading. However, the decrease in the average price target suggests a potential slowdown in the stock's growth, which could impact investor sentiment and the stock's short-term performance.
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IMPORTANCE 80
RELEVANCE 100