Roth MKM Maintains Buy Rating for GEN Restaurant Gr: Here's What You Need To Know

Roth MKM has decided to maintain its Buy rating of GEN Restaurant Gr GENK and lower its price target from $14.00 to $11.00.

Shares of GEN Restaurant Gr are trading up 16.51% over the last 24 hours, at $8.89 per share.

A move to $11.00 would account for a 23.73% increase from the current share price.

About GEN Restaurant Gr

GEN Restaurant Group Inc is engaged in GEN Korean BBQ which is one of the largest Asian casual dining restaurants. It offers an extensive menu of traditional Korean and Korean-American food, including high-quality meats, poultry, seafood and mixed vegetables, all at a superior value. Its restaurants have modern decor, lively Korean pop music playing in the background and embedded grills in the center of each table. Its food is served family style and requires guests to share and coordinate their cooking responsibilities, which fosters more meaningful interaction than traditional casual dining. The company believes in its unique culinary experience appeals to a vast segment of the population, particularly Millennials and Gen Z.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.