JMP Securities Maintains Market Outperform on Golden Entertainment, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Jordan Bender has maintained a Market Outperform rating on Golden Entertainment (NASDAQ:GDEN) but lowered the price target from $48 to $45.

March 01, 2024 | 4:44 pm
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NEUTRAL IMPACT
JMP Securities maintains a Market Outperform rating on Golden Entertainment but lowers the price target from $48 to $45.
The adjustment in price target by JMP Securities, while maintaining a positive Market Outperform rating, suggests a slight recalibration of expectations rather than a fundamental shift in the company's outlook. The reduction in price target might reflect external market conditions or minor concerns but doesn't change the overall positive stance. This could lead to a neutral short-term impact on the stock as investors digest the implications of the new price target against the backdrop of continued analyst confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100