Jefferies initiated coverage of International Seaways (INSW) with a Buy rating and $90 price target The firm launched coverage of the marine transportation industry, saying geopolitics and fleet constraints “remain an ongoing theme.” Jefferies is bullish on the 2026 outlook for tankers. It expects a “decent year” for liquefied petroleum gas and is “increasingly optimistic” on dry bulk. Jefferies is neutral on liquefied natural gas and cautious on containers.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INSW:
- International Seaways price target raised to $90 from $80 at BTIG
- International Seaways Extends Amended Shareholder Rights Plan
- International Seaways Updates Revolving Credit Facility Collateral Structure
- International Seaways price target raised to $80 from $63 at Deutsche Bank
- Morning Movers: Travel stocks fall following U.S.-Israeli strikes on Iran