Geo Group price target lowered to $33 from $37 at JonesResearch

JonesResearch lowered the firm’s price target on Geo Group (GEO) to $33 from $37 and keeps a Buy rating on the shares. The firm remains bullish on all segments, in particular the ISAP opportunity, but notes that the ISAP ramp may continue to face headwinds until 100,000 detention capacity is full.