Wedbush Maintains Outperform on GEO Group, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless maintains an Outperform rating on GEO Group (NYSE:GEO) but lowers the price target from $19 to $17.
August 08, 2024 | 1:36 pm
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Wedbush analyst Jay McCanless maintains an Outperform rating on GEO Group but lowers the price target from $19 to $17.
The Outperform rating suggests continued confidence in GEO Group's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100