DNB Markets’ Jorgen Lian is adjusting his expectations for a trio of tanker giants ahead of second-quarter earnings.

The veteran analyst on Tuesday reiterated buy ratings on DHT Holdings, Euronav and Frontline, but lowered Euronav’s price target to $21.50 from $23 and Frontline’s to NOK 210 from NOK 240.

DHT saw its price target jump from $11.90