Jefferies Reiterates Buy on Ardmore Shipping, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Omar Nokta has reiterated a 'Buy' rating on Ardmore Shipping (NYSE:ASC) and raised the price target from $16 to $18.
August 04, 2023 | 9:42 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Jefferies analyst has reiterated a 'Buy' rating on Ardmore Shipping and raised the price target from $16 to $18.
The reiteration of a 'Buy' rating and an increase in the price target by a reputable analyst like Omar Nokta from Jefferies is a positive signal for Ardmore Shipping. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100