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Fly News Breaks for July 21, 2017
NAT
Jul 21, 2017 | 07:59 EDT
Evercore ISI analyst Jonathan Chappell downgrade Nordic American Tankers to Underperform and lowered its price target to $5 from $6 saying. The analyst believes the company will not be able to pay a dividend for Q3 after a likely 50% cut for Q2, further pressuring the valuation premium.
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