Jefferies analyst Stephanie Moore raised the firm’s price target on International Seaways (INSW) to $100 from $90 and keeps a Buy rating on the shares after a “strong” Q1 report. Q2 bookings to date are “impressive,” highlighting the company’s ability to capture market strength, the analyst added.
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Read More on INSW:
- International Seaways Delivers Record Earnings and Big Payouts
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- International Seaways initiated with a Buy at Jefferies
- International Seaways price target raised to $90 from $80 at BTIG
