Stifel analyst Benjamin Nolan raised the firm’s price target on DHT Holdings to $12 from $11 and keeps a Buy rating on the shares. Shipping markets are in various stages of the cycle, but tankers are performing "very well," helped by inefficient Russia-related voyages and tight supply, the analyst said in a Q1 earnings preview for the shipping group.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on DHT:
- DHT Holdings, Inc. Business Update
- DHT Holdings provides business update
- Tanker Stocks Plummet on OPEC Cuts
- DHT Holdings falls -11.6%
- DHT Holdings, Inc. has filed Form 20-F for 2022 with the US Securities and Exchange Commission
Questions or Comments about the article? Write to editor@tipranks.com