Jefferies analyst Stephanie Moore raised the price target on Global Ship Lease Inc. (NYSE: GSL) to $50.00 (from $45.00) while maintaining a Buy rating.

The analyst comments "GSL delivered another beat, with net revenue and EBITDA ahead of estimates, supported by solid charter rates and cash generation. Revenue backlog expanded to ~$3.2bn including newbuilds, and 2027 contract coverage ticked up to 90%. We remain bullish on the 15-vessel newbuild program, which should refresh the fleet, enhance NAV and earnings power, while contract coverage and exposure to midsize segments help mitigate broader supply risks. Reit. Buy with $50 PT."