Jefferies Maintains Hold on Euronav, Maintains $18 Price Target
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Omar Nokta has maintained a Hold rating on Euronav (NYSE:EURN) and kept the price target unchanged at $18.

May 08, 2024 | 12:46 pm
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NEUTRAL IMPACT
Jefferies maintains a Hold rating on Euronav with an $18 price target, as per analyst Omar Nokta.
The maintenance of a Hold rating and an unchanged price target by a reputable analyst like Omar Nokta suggests a neutral short-term impact on Euronav's stock. The reaffirmation indicates that the analyst sees no immediate catalysts that would significantly change the company's valuation or stock performance, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90