Evercore ISI Group Downgrades Euronav to In-Line, Announces $19 Price Target
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Jonathan Chappell has downgraded Euronav (NYSE:EURN) from Outperform to In-Line and set a price target of $19.

October 24, 2023 | 2:24 pm
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Euronav's rating has been downgraded by Evercore ISI Group, which could potentially impact investor sentiment and the stock's price.
Analyst ratings often influence investor sentiment and can impact a stock's price. The downgrade from Outperform to In-Line suggests that Evercore ISI Group sees less potential for Euronav's stock to outperform the market, which could lead to a decrease in demand for the stock and potentially a lower price. The new price target of $19 also provides a benchmark that investors may use when making investment decisions.
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