Golden Entertainment shares are trading lower after B. Riley Securities lowered its price target on the stock from $44 to $40.
Portfolio Pulse from Benzinga Newsdesk
Golden Entertainment's stock is experiencing a decline following a price target reduction by B. Riley Securities from $44 to $40.
September 23, 2024 | 4:08 pm
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Golden Entertainment's stock is trading lower due to a price target cut by B. Riley Securities from $44 to $40.
The reduction in price target by a reputable firm like B. Riley Securities can negatively impact investor sentiment, leading to a decline in Golden Entertainment's stock price. The market often reacts to such analyst actions, especially when they involve a downward revision.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100