Deutsche Bank Maintains Buy on International Seaways, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Amit Mehrotra has maintained a Buy rating on International Seaways (NYSE:INSW) and increased the price target from $62 to $66.

May 09, 2024 | 4:11 pm
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Deutsche Bank maintains a Buy rating on International Seaways and raises the price target from $62 to $66.
The upgrade in price target by a reputable analyst like Amit Mehrotra from Deutsche Bank suggests a positive outlook on International Seaways' stock. This is likely to instill confidence in investors and could lead to a short-term increase in the stock price, as market participants often react positively to such analyst upgrades.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100