Jefferies Reiterates Hold on Frontline, Maintains $17 Price Target
Portfolio Pulse from richadhand@benzinga.com
Jefferies analyst Omar Nokta has reiterated a 'Hold' rating on Frontline (NYSE:FRO) and maintained a price target of $17.

August 24, 2023 | 10:24 am
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Jefferies analyst Omar Nokta has reiterated a 'Hold' rating on Frontline and maintained a price target of $17.
The news is directly about Frontline (FRO). The 'Hold' rating suggests that the analyst believes the stock will perform in line with the market, indicating a neutral short-term impact. The maintained price target of $17 also suggests no significant changes in the company's valuation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100