Benchmark Maintains Buy on GEN Restaurant Gr, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Todd Brooks has maintained a Buy rating on GEN Restaurant Gr (NASDAQ:GENK) but has lowered the price target from $20 to $16.

January 17, 2024 | 3:38 pm
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Benchmark analyst Todd Brooks reaffirms a Buy rating on GEN Restaurant Gr but reduces the price target from $20 to $16.
The reduction in price target by Benchmark analyst Todd Brooks could lead to a negative short term sentiment among investors, as it suggests a lower expected future stock price for GEN Restaurant Gr. However, maintaining a Buy rating indicates a positive outlook on the company's fundamentals, which could mitigate some negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100