Stifel Maintains Buy on Ardmore Shipping, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Benjamin Nolan maintains a Buy rating on Ardmore Shipping (NYSE:ASC) and raises the price target from $21 to $22.
April 19, 2024 | 6:04 pm
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POSITIVE IMPACT
Stifel analyst Benjamin Nolan maintains a Buy rating on Ardmore Shipping and raises the price target from $21 to $22.
The increase in the price target by Stifel reflects a positive outlook on Ardmore Shipping's future performance. This analyst action can lead to increased investor confidence in ASC, potentially driving up its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100