Science Applications International Analyst Changes Outlook; Top 3 Downgrades for Monday Revealed
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 08 2025
0mins
Source: Benzinga
Analyst Downgrades: JP Morgan downgraded Science Applications International Corporation (SAIC) from Overweight to Neutral, lowering the price target from $140 to $115, with shares closing at $104.93.
Artelo Biosciences Rating Change: D. Boral Capital downgraded Artelo Biosciences, Inc. from Buy to Hold, with shares closing at $4.51.
ABM Industries Adjustment: Baird analyst downgraded ABM Industries Incorporated from Outperform to Neutral, reducing the price target from $56 to $54, while shares closed at $48.26.
Market Overview: The article provides insights into various stock performances and analyst ratings, highlighting significant changes in outlook for several companies.
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Analyst Views on STNG
Wall Street analysts forecast STNG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for STNG is 72.00 USD with a low forecast of 53.00 USD and a high forecast of 80.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
3 Buy
0 Hold
1 Sell
Moderate Buy
Current: 62.500
Low
53.00
Averages
72.00
High
80.00
Current: 62.500
Low
53.00
Averages
72.00
High
80.00
About STNG
Scorpio Tankers Inc is a Monaco-based provider in the transportation of refined petroleum products. The Company involves in the oil, seaborne transportation of refined petroleum products from the tanker industry to the international shipping markets. It operates through four segments: Handymax, MR (Medium Range), Long Range 1 (LR1)/Panamax and Long Range 2 (LR2)/Aframax. It consists of 113 wholly owned, finance leased or bareboat chartered-in tankers (39 LR2, 60 MR and 14 Handymax). The segments represent a different type of vessel being around 110 with which it operates with the smaller and bigger type of ships that include Handymax, MR, LR1 and LR2 under its own ownership as well as finance, leased or chartered in.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Spot Rates Strengthen Amid Rising Charter Demand and Market Confidence
- Strong Market Demand: President Robert Bugbee of Scorpio Tankers highlighted that spot rates are continuously rising, driven by robust time charter demand from national oil companies and traders, indicating enhanced market confidence.
- Structural Drivers: Mr. Doyle noted that demand has consistently outpaced supply over the past four years, with ton-mile demand increasing approximately 20% since 2019 due to shifts in global refining and geopolitical factors, resulting in longer voyages.
- Financial Strength and Capital Allocation: Despite focusing on a young fleet, Scorpio Tankers secures income and fleet value by fixing older vessels on attractive five-year time charters, showcasing the company's flexible capital allocation strategy.
- Short-Term Market Confidence: Modern Aframax and LR2 vessels commanding over $40,000 per day reflect strong market confidence, with Mr. Doyle stating that the company is well-positioned in a robust market at historical highs, supported by improved fundamentals over the past 12 months.
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Scorpio Tankers Inc. Kicks Off Online Corporate Presentation Series on January 14, 2026
- Online Presentation Launch: Scorpio Tankers Inc. will kick off its online corporate presentation series on January 14, 2026, at 10:00 AM ET, showcasing its business development and strategy, which is expected to attract investor interest.
- Industry Participation: The event will feature senior management from multiple publicly listed maritime companies, providing in-depth analysis of industry outlook and growth potential, thereby enhancing market confidence in the maritime sector.
- Interactive Q&A Session: Each session will include a 45-minute company slide presentation followed by a live Q&A, fostering interaction with investors and improving company transparency and investor relations.
- Subsequent Event Schedule: The presentation series will continue for several weeks, covering speeches from various maritime companies, which is anticipated to provide a platform for participating companies to enhance their market visibility and investment appeal.
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