Jefferies Upgrades Golden Ocean Group to Buy, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Omar Nokta has upgraded Golden Ocean Group (NASDAQ:GOGL) from Hold to Buy and raised the price target from $8 to $11.
October 24, 2023 | 9:11 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Golden Ocean Group has been upgraded to Buy from Hold by Jefferies, with a raised price target of $11, up from $8.
The upgrade from Hold to Buy and the increase in price target by Jefferies indicates a positive outlook for Golden Ocean Group. This could lead to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100