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Fly News Breaks for November 29, 2018
SFL
Nov 29, 2018 | 15:23 EDT
As previously reported, Fearnley analyst Espen Fjermestad upgraded Ship Finance to Buy from Sell, stating that the company has managed the downturn better than he'd feared when he downgraded the stock in early 2016. Ship Finance is now back in growth mode and "continues to have plenty of firepower," said Fjermestad, who raised his price target on the shares to $16 from $11.
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