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Fly News Breaks for July 21, 2017
FRO
Jul 21, 2017 | 07:58 EDT
Evercore ISI analyst Jonathan Chappell downgrade Frontline to Underperform and lowered its price target to $4 from $6. The analyst believes the company will be unable to pay a dividend for Q2 and Q3, pressuring the shares valuation premium.
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