GEO Group Reaches Analyst Target Price
April 08, 2024 at 06:59 AM EDT
In recent trading, shares of GEO Group Inc (GEO) have crossed above the average analyst 12-month target price of $14.75, changing hands for $15.14/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..