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Fly News Breaks for April 19, 2018
DLNG
Apr 19, 2018 | 09:17 EDT
Maxim analyst James Jang lowered his price target on Dynagas LNG to $12 after the company's Q4 earnings miss and a 41% cut to its dividend payout against his expectations of issuing preferred equity to "execute a drop down of assets". Jang keeps his Buy rating on Dynagas LNG however, forecasting the LNG market to tighten in Q2-Q3.
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