Evercore ISI raised the firm’s price target on DHT Holdings (DHT) to $15 from $14 and keeps an Outperform rating on the shares. Heading into the winter season, which is traditionally a time for rising rates, the tanker market setup “looks promising,” the analyst tells investors in a note on the group.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DHT:
- Is DHT a Buy, Before Earnings?
- DHT Holdings Appoints CEO Svein Moxnes Harfjeld to Board of Directors
- DHT Holdings sees Q3 time charter equivalent earnings of $40,500 per day
- DHT Holdings appoints CEO Svein Moxnes Harfjeld to board
- DHT issues statement in reference to special port fees from US-linked vessels