JP Morgan Maintains Neutral on Frontline, Raises Price Target to $21.1
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Samuel Bland maintains a Neutral rating on Frontline (NYSE:FRO) and raises the price target from $18.2 to $21.1.
October 31, 2023 | 7:54 pm
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NEUTRAL IMPACT
JP Morgan maintains a Neutral rating on Frontline and raises the price target from $18.2 to $21.1.
The news is directly about Frontline (FRO). JP Morgan's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $18.2 to $21.1 suggests a positive outlook in the longer term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100