Jefferies Reiterates Buy on Ardmore Shipping, Maintains $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Omar Nokta reiterates a Buy rating on Ardmore Shipping (NYSE:ASC) and maintains a $20 price target.
February 15, 2024 | 5:21 pm
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Jefferies analyst Omar Nokta reiterates a Buy rating on Ardmore Shipping and maintains a $20 price target.
The reiteration of a Buy rating and maintenance of a $20 price target by a reputable analyst like Omar Nokta from Jefferies is likely to instill confidence among investors and could lead to a positive short-term impact on Ardmore Shipping's stock price. Analyst ratings, especially from well-regarded financial institutions, can significantly influence investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100