MLV & Co. Initiates Geo Group At Buy

MLV & Co. initiated coverage on shares of Geo Group (The)

with a Buy rating. The target price for Geo Group is set to $46. Geo Group shares have gained 4.51% over the past 52 weeks, while the S&P 500 index has surged 9.13% in the same period. Geo Group's shares rose 1.79% to close at $37.56 yesterday.