RBC Capital analyst Elvira Scotto raised the firm’s price target on Genesis Energy (GEL) to $18 from $15 and keeps an Outperform rating on the shares ahead of the Q2 earnings report on July 31. RBC expects the call will focus on offshore project updates, capital allocation plans, and any updates to the outlook, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.