B of A Securities Maintains Neutral on Scorpio Tankers, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Scorpio Tankers (NYSE:STNG) while raising the price target from $82 to $85.
June 18, 2024 | 12:41 pm
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NEUTRAL IMPACT
B of A Securities has maintained a Neutral rating on Scorpio Tankers (NYSE:STNG) while raising the price target from $82 to $85.
The Neutral rating suggests that the analyst does not expect significant short-term movement in the stock price. However, the raised price target indicates a slightly more positive outlook, which could provide some support to the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100