Jones Trading Slashes The GEO Group, Inc. (NYSE:GEO)’s Price Target To $37, Maintains Buy Rating
The GEO Group, Inc. (NYSE:GEO) is among the 13 Most Undervalued Stocks Under $20 to Buy. On November 7, Jones Trading slashed the stock’s price target to $37 from $50, citing the company’s slow growth as the reason behind the adjustment. Jones Trading Slashes The GEO Group, Inc. (NYSE:GEO)'s Price Target To $37, Maintains Buy Rating Despite the downward revision, the new price target reflects a 142% upside potential. Moreover, the firm said that it has a positive outlook for all business segments of the ...