Wedbush Maintains Outperform on CoreCivic, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless maintains an Outperform rating on CoreCivic (NYSE:CXW) and raises the price target from $18 to $19.
April 08, 2024 | 3:14 pm
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Wedbush analyst Jay McCanless maintains an Outperform rating on CoreCivic and raises the price target from $18 to $19.
The upgrade in price target by a reputable analyst like Jay McCanless suggests a positive outlook on CoreCivic's stock, likely due to anticipated performance improvements or favorable market conditions. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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