Evercore ISI Group Maintains Outperform on TORM, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Jonathan Chappell has maintained an Outperform rating on TORM (NASDAQ:TRMD) and increased the price target from $42 to $44.
March 08, 2024 | 3:25 pm
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Evercore ISI Group has maintained an Outperform rating on TORM and raised the price target from $42 to $44.
The maintenance of an Outperform rating combined with an increase in the price target from $42 to $44 by a reputable analyst firm like Evercore ISI Group suggests a positive outlook on TORM's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100