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Fly News Breaks for February 12, 2018
SB
Feb 12, 2018 | 08:27 EDT
As previously reported, Morgan Stanley analyst Fotis Giannakoulis downgraded Safe Bulkers to Equal Weight from Overweight following the stock's recent outperformance. The analyst, who called Safe Bulkers the most efficient dry bulk operator with the lowest breakeven, raised his price target on the shares to $3.70 from $3.00.
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