Jefferies Downgrades Golden Ocean Group to Hold, Maintains $15.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Omar Nokta has downgraded Golden Ocean Group (NASDAQ:GOGL) from Buy to Hold, while maintaining a price target of $15.5.
May 22, 2024 | 11:52 am
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Jefferies analyst Omar Nokta has downgraded Golden Ocean Group from Buy to Hold, while maintaining a price target of $15.5.
The downgrade from Buy to Hold by a reputable analyst like Omar Nokta at Jefferies is likely to have a negative short-term impact on GOGL's stock price. Maintaining the price target at $15.5 suggests limited upside potential.
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IMPORTANCE 80
RELEVANCE 100