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Fly News Breaks for April 16, 2018
GNK
Apr 16, 2018 | 07:26 EDT
Deutsche Bank analyst Amit Mehrotra started Genco Shipping with a Buy rating and $19 price target. The analyst remains positive on drybulk shipping rates and prefers companies with low leverage. He sees Genco unlocking value with the market in the "early innings" of a recovery.