Wedbush Maintains Outperform on GEO Group, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless has maintained an Outperform rating on GEO Group (NYSE:GEO) and increased the price target from $15 to $22.
April 08, 2024 | 3:12 pm
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Wedbush has maintained an Outperform rating on GEO Group and raised the price target from $15 to $22.
The increase in price target by a reputable analyst like Jay McCanless suggests a strong confidence in GEO Group's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100