Jefferies Maintains Hold on Frontline, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Omar Nokta maintains a Hold rating on Frontline (NYSE:FRO) and raises the price target from $17 to $19.

October 11, 2023 | 7:56 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Jefferies analyst maintains a Hold rating on Frontline and raises the price target from $17 to $19.
The news is directly about Frontline (FRO). The Hold rating indicates that the analyst believes the stock will perform approximately in line with the average return of the others the analyst covers. The increase in price target from $17 to $19 suggests that the analyst sees some upside potential in the stock. However, as the rating is Hold, it is not expected to have a significant impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100