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Scorpio Tankers price target raised to $90 from $80 at B. Riley

B. Riley analyst Liam Burke raised the firm’s price target on Scorpio Tankers (STNG) to $90 from $80 and keeps a Buy rating on the shares. Scorpio Tankers reported Q4 time charter equivalent revenue of $241.4M, up from $192.1M a year ago and above consensus, with daily TCE per vessel rising to $28,066, the analyst tells investors in a reserach note. Adjusted EBITDA came in at $151.6M, well above consensus, as rising product tanker rates position the company to capture strong economic returns into FY26, the firm says.

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