Jefferies Maintains Hold on Golden Ocean Group, Lowers Price Target to $14.5
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Omar Nokta maintains a Hold rating on Golden Ocean Group (NASDAQ:GOGL) and lowers the price target from $15.5 to $14.5.
August 28, 2024 | 5:20 pm
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Jefferies analyst Omar Nokta maintains a Hold rating on Golden Ocean Group and lowers the price target from $15.5 to $14.5, indicating a slightly less optimistic outlook.
The lowering of the price target from $15.5 to $14.5 by Jefferies suggests a less optimistic view on the stock's potential, which could lead to a short-term negative impact on the stock price. The Hold rating indicates a neutral stance, but the reduced price target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100