Alliance Global Partners Maintains Buy on Genco Shipping & Trading, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Alliance Global Partners has maintained a Buy rating on Genco Shipping & Trading (NYSE:GNK) and raised the price target from $25 to $27.
July 01, 2024 | 4:50 pm
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Alliance Global Partners has maintained a Buy rating on Genco Shipping & Trading (NYSE:GNK) and raised the price target from $25 to $27.
The raised price target and maintained Buy rating from Alliance Global Partners is likely to positively impact GNK's stock price in the short term as it reflects increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100