UPDATE: Jefferies & Company Reiterates Buy Rating, Lowers PT on Diana Shipping
In a report published Wednesday, Jefferies & Company reiterated its Buy rating on Diana Shipping (NYSE: DSX), but slightly lowered its price target from $11.00 to $10.00.
Jefferies noted, “Yesterday, Diana Shipping reported 3Q12 EPS of $0.15 which exceeded Street consensus of $0.14 and was in line with our estimate of $0.15 as the Company's better than expected reported EBITDA was essentially offset by higher than expected depreciation and interest costs.”
Diana Shipping closed on Tuesday at $7.43.
Latest Ratings for DSX
|Oct 2014||GMP Securities||Initiates Coverage on||Buy|
|Sep 2014||Deutsche Bank||Initiates Coverage on||Buy|
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