Wedbush Maintains Outperform on GEO Group, Raises Price Target to $12.5
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Jay McCanless has maintained an Outperform rating on GEO Group (NYSE:GEO) and raised the price target from $11 to $12.5.
August 10, 2023 | 1:39 pm
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POSITIVE IMPACT
Wedbush analyst has maintained an Outperform rating on GEO Group and raised the price target from $11 to $12.5, which could positively impact the stock.
The raised price target indicates the analyst's increased confidence in the company's performance. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100