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Fly News Breaks for September 25, 2018
ASC
Sep 25, 2018 | 05:33 EDT
Fearnley Securities analyst Peder Jarlsby upgraded Ardmore Shipping to Buy from Reduce and raised his price target for the shares to $9.30 from $6.70. With the inventory draw cycle coming to an end and oil production growth picking up, the analyst believes an inflection point will hit the product market in Q4.
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