Stifel Maintains Buy on Ardmore Shipping, Lowers Price Target to $19
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Benjamin Nolan maintains a 'Buy' rating on Ardmore Shipping (NYSE:ASC) but has lowered the price target from $24 to $19.
July 19, 2023 | 4:11 pm
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Stifel analyst maintains a 'Buy' rating on Ardmore Shipping but lowers the price target from $24 to $19.
The news is directly related to Ardmore Shipping (ASC). While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential decrease in the short-term performance of the stock. However, the impact is not necessarily negative as the 'Buy' rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100