RBC Capital Maintains Outperform on Genesis Energy, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Elvira Scotto maintains an Outperform rating on Genesis Energy (NYSE:GEL) and raises the price target from $15 to $16.
October 16, 2024 | 4:55 pm
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RBC Capital has reaffirmed its Outperform rating on Genesis Energy and increased the price target from $15 to $16, indicating positive expectations for the stock.
The increase in price target from $15 to $16 by RBC Capital suggests a positive outlook for Genesis Energy, likely leading to a short-term increase in stock price. The Outperform rating indicates confidence in the company's performance.
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