Stifel Downgrades International Seaways to Hold, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Benjamin Nolan has downgraded International Seaways (NYSE:INSW) from Buy to Hold and reduced the price target from $69 to $56.
October 23, 2024 | 11:49 am
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Stifel analyst Benjamin Nolan downgraded International Seaways from Buy to Hold, reducing the price target from $69 to $56, indicating a less optimistic outlook.
The downgrade from Buy to Hold and the reduction in price target from $69 to $56 by Stifel suggests a less favorable view on International Seaways' future performance, likely leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100