RBC Capital Maintains Outperform on Genesis Energy, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Elvira Scotto maintains an Outperform rating on Genesis Energy (NYSE:GEL) and raises the price target from $14 to $15.
November 07, 2023 | 6:13 pm
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RBC Capital maintains an Outperform rating on Genesis Energy and raises the price target from $14 to $15. This could potentially lead to an increase in the stock's price.
The Outperform rating maintained by RBC Capital indicates that they expect Genesis Energy to outperform the general market. The increase in the price target from $14 to $15 suggests that they believe the stock is undervalued at its current price, which could lead to an increase in the stock's price as the market adjusts to this new information.
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IMPORTANCE 80
RELEVANCE 100