Deutsche Bank analyst Chris Robertson raised the firm’s price target on Scorpio Tankers to $70 from $62 and keeps a Buy rating on the shares following the Q3 earnings beat.
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Read More on STNG:
- Scorpio Tankers increases quarterly dividend to 35c per share
- Scorpio Tankers board replenishes $250M securities repurchase program
- Scorpio Tankers reports Q3 adjusted EPS $1.91, consensus $1.52
- Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2023, an Increase to its Quarterly Dividend, and Replenishment of its 2023 Securities Repurchase Program
- STNG Earnings this Week: How Will it Perform?
