JP Morgan Maintains Overweight on GeoPark, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Felipe Dos Santos maintains an Overweight rating on GeoPark (NYSE:GPRK) but lowers the price target from $12 to $11.
October 30, 2024 | 4:52 pm
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NEGATIVE IMPACT
JP Morgan maintains an Overweight rating on GeoPark but lowers the price target from $12 to $11, indicating a slightly less optimistic outlook.
The Overweight rating suggests a positive outlook, but the lowered price target from $12 to $11 indicates a slight reduction in expected performance. This could lead to a minor negative impact on the stock price as investors adjust expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100