Jefferies Reiterates Buy on Scorpio Tankers, Maintains $90 Price Target
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Omar Nokta has reiterated a Buy rating on Scorpio Tankers (NYSE:STNG) and maintained a $90 price target on the stock.

February 14, 2024 | 6:39 pm
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Jefferies analyst Omar Nokta reiterated a Buy rating on Scorpio Tankers and maintained a $90 price target.
The reiteration of a Buy rating and maintenance of a high price target by a reputable analyst like Omar Nokta from Jefferies can instill confidence in investors and potentially drive the stock price up in the short term. The specific mention of a $90 price target suggests a strong bullish outlook on the stock, which could influence investor sentiment positively.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100