Scorpio Tankers(US:STNG) The Motley Fool·2025-09-08 22:44Core Viewpoint - Scorpio Tankers is experiencing a significant boost in stock performance due to an upgrade from Bank of America analyst Ken Hoexter, resulting in nearly an 11% increase in stock price, outperforming the S&P 500 index [1] Group 1: Analyst Upgrade - Ken Hoexter upgraded Scorpio Tankers from neutral to buy, raising the price target from $49 to $60 per share [2] - The upgrade is attributed to rising product tanker rates, which are increasing ahead of the critical fall season, indicating a positive outlook for Scorpio's future [4] Group 2: Market Dynamics - The anticipated continuation of rising tanker rates is linked to the unwinding of production cuts by OPEC, which is expected to influence market conditions positively [5] Group 3: Earnings Estimates - Hoexter raised profitability estimates for Scorpio Tankers, increasing the per-share earnings forecast for Q3 2025 by 39% and adjusting projections for full-year 2025 and 2026 by 7% and 28% respectively [6]