Evercore ISI Group Maintains In-Line on Nordic American Tankers, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Jonathan Chappell maintains an In-Line rating on Nordic American Tankers (NYSE:NAT) but lowers the price target from $4.5 to $4.
August 30, 2024 | 12:36 pm
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Evercore ISI Group has maintained its In-Line rating for Nordic American Tankers but has reduced the price target from $4.5 to $4, indicating a more cautious outlook.
The lowering of the price target from $4.5 to $4 by Evercore ISI Group suggests a less optimistic view on the stock's potential, which could lead to a negative short-term impact on NAT's stock price.
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