Deutsche Bank Maintains Buy on Scorpio Tankers, Raises Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Amit Mehrotra maintains a 'Buy' rating on Scorpio Tankers (NYSE:STNG) and raises the price target from $55 to $61.
September 21, 2023 | 4:14 pm
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POSITIVE IMPACT
Deutsche Bank maintains a 'Buy' rating on Scorpio Tankers and raises the price target from $55 to $61, which could lead to a positive impact on the stock.
The raised price target by Deutsche Bank indicates a positive outlook for Scorpio Tankers. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100