Roth MKM Reiterates Buy on GEN Restaurant Gr, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst George Kelly has reiterated a Buy rating on GEN Restaurant Gr (NASDAQ:GENK) but has lowered the price target from $11 to $10.

March 07, 2024 | 3:24 pm
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NEUTRAL IMPACT
Roth MKM maintains a Buy rating on GEN Restaurant Gr but lowers the price target from $11 to $10.
While the reiteration of a Buy rating by Roth MKM indicates continued confidence in GEN Restaurant Gr's fundamentals, the reduction in the price target from $11 to $10 suggests a tempered outlook on the stock's short-term price potential. This mixed signal could lead to neutral short-term price movement as investors weigh the positive rating against the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100