Deutsche Bank Downgrades Euronav to Hold, Announces $17.86 Price Target
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Amit Mehrotra downgraded Euronav (NYSE:EURN) from Buy to Hold and set a price target of $17.86.
February 06, 2024 | 10:39 am
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Euronav downgraded from Buy to Hold by Deutsche Bank with a price target of $17.86.
The downgrade from Buy to Hold by a major financial institution like Deutsche Bank suggests a more cautious outlook on Euronav's stock, potentially leading to a short-term negative impact on its price. The specific price target provides a benchmark that may influence investor expectations and market sentiment.
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IMPORTANCE 90
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