Jefferies Reiterates Hold on Frontline, Maintains $22 Price Target
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Omar Nokta has reiterated a Hold rating on Frontline (NYSE:FRO) and maintained a $22 price target for the company's stock.
November 30, 2023 | 11:02 am
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Jefferies analyst Omar Nokta reaffirmed a Hold rating on Frontline with a $22 price target, indicating no immediate change in valuation.
The reiteration of a Hold rating with an unchanged price target suggests that the analyst sees no new catalysts that could significantly affect the stock's price in the short term. The rating indicates a neutral stance on the stock's potential performance.
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