The Analyst Verdict: GEO Group In The Eyes Of 4 Experts
Portfolio Pulse from Benzinga Insights
The article discusses recent analyst evaluations of GEO Group (NYSE:GEO), highlighting a mix of bullish and somewhat bullish ratings. Analysts have recently lowered the average 12-month price target by 2.85%, with a current average target of $18.38. Key analysts from Wedbush and Jones Trading have adjusted their ratings and price targets, reflecting a cautious outlook on GEO Group's performance.
August 08, 2024 | 5:00 pm
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Analysts have shown mixed sentiments on GEO Group, with recent ratings ranging from bullish to somewhat bullish. The average 12-month price target has been lowered by 2.85% to $18.38, indicating a cautious outlook.
The mixed analyst ratings and the reduction in the average price target suggest a cautious outlook on GEO Group's performance. While some analysts maintain a bullish stance, the overall sentiment has slightly shifted towards caution.
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