Jefferies Maintains Buy on Scorpio Tankers, Maintains $90 Price Target
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Omar Nokta maintains a Buy rating on Scorpio Tankers (NYSE:STNG) with a $90 price target.

May 09, 2024 | 1:44 pm
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POSITIVE IMPACT
Jefferies maintains a Buy rating on Scorpio Tankers with a $90 price target.
The reaffirmation of a Buy rating and a high price target by a reputable analyst like Omar Nokta from Jefferies is likely to instill confidence among investors and could positively influence Scorpio Tankers' stock price in the short term. Analyst ratings, especially from well-regarded financial institutions, can significantly impact investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100