Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2017
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Scorpio Tankers (STNG) PT Lowered to $5 at Jefferies
November 17, 2017 7:30 AM ESTJefferies lowered its price target on Scorpio Tankers (NYSE: STNG) to $5.00 (from $5.50) while maintaining a Buy rating.
Despite Q3 that was below expectations, they believe STNG shares are attractively valued trading at ~90% of est. NAV.
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