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Geo Group price target lowered to $45 from $50 at JonesResearch

JonesResearch analyst Jason Weaver lowered the firm’s price target on Geo Group (GEO) to $45 from $50 and keeps a Buy rating on the shares following the Q2 report the Q2 beat. The firm cites alternatives to detention growth for the target cut. Geo’s Intensive Supervision Appearance Program commentary disappointed, the analyst tells investors in a research note.

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