Stifel Maintains Buy on Genco Shipping & Trading, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Benjamin Nolan maintains a Buy rating on Genco Shipping & Trading (NYSE:GNK) and raises the price target from $22 to $23.
April 19, 2024 | 6:06 pm
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Stifel analyst Benjamin Nolan maintains a Buy rating on Genco Shipping & Trading and raises the price target from $22 to $23.
The increase in the price target by Stifel reflects a positive outlook on Genco Shipping & Trading's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100