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Fly News Breaks for August 25, 2016
ASC
Aug 25, 2016 | 08:09 EDT
As previously reported, Morgan Stanley downgraded Ardmore Shipping to Equal Weight from Overweight with a $8 price target. Analyst Fotis Giannakoulis expects crude tanker demand to lag fleet supply in 2017-18 and sees potential pressure on the dividend.
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