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UPDATE: Morgan Keegan Lowers PT from $14 to $8.50 and Downgrades Diana Shipping to Market Perform
Friday, August 5, 2011 - 9:02am | 109Morgan Keegan has published a report on Diana Shipping (NYSE: DSX) downgrading the company and lowering the price target. In the report, Morgan Keegan wrote, "While we believe that the company is pursuing a prudent long-term strategy, we have concerns about the slowing global economy, continued...
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UPDATE: Cantor Fitzgerald Upgrades Seaspan Corporation from Hold to Buy
Friday, August 5, 2011 - 8:43am | 93Cantor Fitzgerald has published a report on Seaspan Corporation (NYSE: SSW) upgrading the company from Hold to Buy. In the report, Cantor Fitzgerald wrote, "This morning, before market open, Seaspan announced 2Q:11 operating EPS of $0.24 (normalized, converted), excluding extraordinary items, a...
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Cantor Fitzgerald Upgrades Seaspan Corporation to Buy, $18 PT
Friday, August 5, 2011 - 7:34am | 25Cantor Fitzgerald has upgraded Seaspan Corporation (NYSE: SSW) from Hold to Buy and maintains its $18 price target.
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Morgan Keegan Downgrades Diana Shipping To Market Perform, Lowers PT To $8.50
Friday, August 5, 2011 - 7:27am | 29Morgan Keegan has downgraded Diana Shipping (NYSE: DSX) from Outperform to Market Perform and has lowered the price target from $14 to $8.50.
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Benzinga's Top Downgrades
Friday, August 5, 2011 - 6:45am | 125Pacific Biosciences of California Inc (NASDAQ: PACB) was downgraded by JP Morgan from "overweight" to "neutral." PACB's shares closed at $9.90 yesterday. PACB's trailing-twelve-month operating margin is -10,359.33%. Collins Stewart downgraded Dolby Laboratories (NYSE: DLB) from “buy” to “neutral...
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Deutsche Bank Lowers Price Target On Seaspan to $18
Friday, August 5, 2011 - 6:31am | 99According to Deutsche Bank, Seaspan (NYSE: SSW) price target is lowered to $18. Deutsche Bank said that SSW announced it has three firm contracts for 10,000 TEU vessels with a Chinese shipyard. “Our lower estimates were primarily driven by higher interest expense and higher SG&A costs as well...
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Deutsche Bank Lowers PT On Seaspan To $18
Friday, August 5, 2011 - 5:31am | 27Deutsche Bank has lowered the price target on Seaspan Corporation (NYSE: SSW) from $27 to $18 and maintains its Buy rating.
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Stocks to Watch for Wednesday 8/03/2011: Fresh 52 Week Highs and Lows
Wednesday, August 3, 2011 - 12:05am | 5002Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...
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Deutsche Bank Downgrades NNA, TNK To Hold
Tuesday, August 2, 2011 - 4:55am | 46Deutsche bank has downgraded the following comoanies: Navios Acquisition Corp. (NYSE: NNA) from Buy to Hold, PT from $6 to $4 Teekay Tankers (NYSE: TNK) from Buy to Hold, PT from $12 to $9
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Deutsche Bank Reiterates Hold and PT of $3 on Excel Maritime Carriers
Friday, July 29, 2011 - 7:30am | 49Deutsche Bank reiterated its Hold rating on Excel Maritime Carriers (NYSE: EXM). At the same time, the rating agency left its price target on the company's stock unchanged at $3. On Thursday, EXM added 2.02% to its value to finish the day at $2.52.
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Morgan Keegan Reiterates Kirby Outperform, Raises PT
Thursday, July 28, 2011 - 2:59pm | 122Morgan Keegan reiterated its Kirby (NYSE: KEX) Outperform rating and raised its Kirby price target from $65 to $67 in a research report published today. In the report, Morgan Keegan states, "While profitability at both division's increased on a year-over-year basis, the transaction costs...
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Bank of America Raises PO on Kirby To $64
Thursday, July 28, 2011 - 7:06am | 28Bank of America has raised the price objective on Kirby Corporation (NYSE: KEX) from $60 to $64 and maintains its Buy rating.
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Stocks to Watch for Thursday 7/28/2011: Fresh 52 Week Highs and Lows
Thursday, July 28, 2011 - 1:37am | 3403Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and entry/exit points become more clearly defined. The following stocks hit new 52-week highs in Wednesday's trading session (listed from highest total volume to...
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Star Bulk Takes Delivery of Secondhand Capesize Vessel
Wednesday, July 27, 2011 - 8:07am | 69Star Bulk Carriers Corp. (NASDAQ: SBLK), today announced that it has taken delivery of the Star Big, a 1996-built, 168,404 dwt Capesize vessel. Following the completion of its regularly scheduled drydock, the vessel is expected to be redelivered to its charterer, a multinational mining company, for...
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Stocks to Watch for Wednesday 7/27/2011: Fresh 52 Week Highs and Lows
Wednesday, July 27, 2011 - 3:37am | 2249Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Tuesday's trading session (listed from highest total volume to...