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Fly News Breaks for December 15, 2015
SBLK
Dec 15, 2015 | 06:20 EDT
Morgan Stanley analyst Fotis Giannakoulis downgraded Star Carriers to Underweight and lowered its price target to 60c from $3 on shares. Giannakoulis said the dry bulk market has had its worse year on record and high fleet growth and continued Chinese steel market weakness are expected to keep the market under pressure though 2017. The analyst
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