Wells Fargo analyst Michael Blum upgraded Genesis Energy (GEL) to Overweight from Equal Weight with a price target of $18, up from $15.
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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GEL:
- Genesis Energy provides update on balance sheet simplification
- Genesis Energy Sells Alkali Business for $1.425 Billion
- Genesis Energy price target raised to $15 from $12 at Wells Fargo
- Genesis Energy extends common unit repurchase program
- Genesis Energy sells Alkali Business, receives $1.01B in cash