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Fly News Breaks for February 20, 2019
SB
Feb 20, 2019 | 08:17 EDT
Maxim analyst James Jang lowered his price target on Safe Bulkers to $3.50 after its in-line Q4 results and citing concerns around the "ongoing U.S.-China trade war and slowdown in Chinese seaborne coal demand" in the first half of 2019. The analyst is keeping his Buy rating on the stock, saying his new price target "still represents significant upside".
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