GENK Crosses Above Average Analyst Target
May 16, 2024 at 07:00 AM EDT
In recent trading, shares of GEN Restaurant Group Inc (GENK) have crossed above the average analyst 12-month target price of $11.33, changing hands for $12.02/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..