B. Riley raised the firm’s price target on International Seaways (INSW) to $120 from $90 and keeps a Buy rating on the shares. The firm upped estimates post the Q1 report citing continued strength in both the crude and tanker sectors.
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Read More on INSW:
- International Seaways Delivers Record Earnings and Big Payouts
- International Seaways reports Q1 adjusted EPS $3.90, consensus $2.72
- International Seaways Posts Record Q1 Earnings and Dividend
- International Seaways initiated with a Buy at Jefferies
- International Seaways price target raised to $90 from $80 at BTIG
