Stifel Maintains Buy on Scorpio Tankers, Lowers Price Target to $71
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Benjamin Nolan has maintained a 'Buy' rating on Scorpio Tankers (NYSE:STNG) but lowered the price target from $77 to $71.
July 19, 2023 | 4:33 pm
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Stifel analyst maintains a 'Buy' rating on Scorpio Tankers but lowers the price target from $77 to $71.
The news is directly related to Scorpio Tankers (STNG). While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential decrease in the stock's value. However, the impact on the stock price is uncertain in the short term as the 'Buy' rating might still attract investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100