Information Provided By: 
Fly News Breaks for December 14, 2017
NAT
Dec 14, 2017 | 07:58 EDT
Maxim analyst James Lang lowered the price target on Nordic American Tankers to $2 and kept his Sell rating following the company's $110M secondary offering. The analyst also adds that while the sale/leaseback deal with Ocean Yield ASA for its three newbuild Suezmax vessels removes the funding gap overhang, the transaction could also be dilutive to earnings in near-medium term as the Suezmax segment faces headwinds from deteriorating supply/demand fundamentals.
News For NAT From the Last 2 Days
There are no results for your query NAT
