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Fly News Breaks for March 22, 2016
LPG
Mar 22, 2016 | 05:48 EDT
UBS analyst Spiro Dounis downgraded Dorian LPG to Neutral citing the recent sharp decline in very large gas carrier, or VLGC, rates. New supply will constantly be hitting the water all year, Dounis tells investors in a research note. He cut his price target for Dorian shares to $12.50 from $19.
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