Information Provided By:
Fly News Breaks for January 28, 2020
Jan 28, 2020 | 08:48 EDT
B. Riley FBR analyst Liam Burke lowered his price target for Scorpio Bulkers to $6.50 from $9.50 to reflect four fewer vessels in the fleet and a weaker Q2 related to the short-term effect the coronavirus could have on the Chinese economy. However, the analyst maintains a Buy rating on the shares. Over the long term, the sector is seeing an improving demand profile with tightening capacity, Burke tells investors in a research note.
News For SALT From the Last 2 Days
There are no results for your query SALT