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Euronav NV A Top Pick at Credit Suisse, Coverage Initiated
Tuesday, February 17, 2015 - 8:55am | 90In a report published Tuesday, Morgan Stanley analyst Fotis Giannakoulis initiated coverage on Euronav NV (NYSE: EURN) with an Overweight rating and $15.50 price target. In the report, Morgan Stanley noted, "Euronav is our top pick in the crude tanker segment and preferred way to play the growing...
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UPDATE: Morgan Stanley Upgrades Teekay Tankers On Riding the Crude Tanker Rebound
Friday, December 5, 2014 - 7:59am | 135In a report published Friday, Morgan Stanley analyst Fotis Giannakoulis upgraded the rating on Teekay Tankers Ltd. (NYSE: TNK) from Underweight to Equal-Weight, and named a $5.00 price target. In the report, Morgan Stanley noted, “We expect crude tanker rates to stay robust next year as a result of...
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UPDATE: Morgan Stanley Downgrades Navios Maritime Partners As Current Dividend Is At Risk
Tuesday, November 4, 2014 - 8:31am | 103In a report published Tuesday, Morgan Stanley analyst Fotis Giannakoulis downgraded the rating on Navios Maritime Partners L.P. (NYSE: NMM) from Equal-Weight to Underweight, but named a $13.00 price target. In the report, Morgan Stanley noted, “NMM's distribution capacity declines as current...
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Morgan Stanley Sees Highly Attractive Entry Point For GasLog Ltd
Thursday, October 2, 2014 - 8:14am | 152In a report published Thursday, Morgan Stanley analyst Fotis Giannakoulis reiterated an Overweight rating and $29.00 price target on GasLog Ltd (NYSE: GLOG). In the report, Morgan Stanley noted, “GLOG has significantly underperformed its peers dropping over 30% since July (vs -5% peers). We...
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UPDATE: Morgan Stanley Initiates Coverage On Hoegh LNG Partners LP On Floating Regasification Play With Extensive Cover
Tuesday, September 2, 2014 - 6:47am | 180In a report published Tuesday, Morgan Stanley analyst Fotis Giannakoulis initiated coverage on Hoegh LNG Partners LP (NYSE: HMLP) with an Equal-Weight rating and $24.00 price target. In the report, Morgan Stanley noted, “HMLP is focused exclusively on the floating regasification segment of the LNG...
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UPDATE: Morgan Stanley Reiterates On Costamare Following Strong 2Q14 Results
Thursday, July 24, 2014 - 8:23am | 98In a report published Thursday, Morgan Stanley analyst Fotis Giannakoulis reiterated an Overweight rating on Costamare (NYSE: CMRE), but removed the $22.00 price target. In the report, Morgan Stanley noted, “2Q14 results well above consensus on lower expenses. CMRE reported adjusted EPS of $0.48,...
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Morgan Stanley Updates Earnings Estimates For Golar LNG Limited
Tuesday, July 8, 2014 - 9:07am | 123In a report published Tuesday, Morgan Stanley analyst Fotis Giannakoulis reiterated an Overweight rating and $67.00 price target on Golar LNG Limited (NASDAQ: GLNG). In the report, Morgan Stanley noted, “Significant upside as GLNG goes ahead with the FLNG conversions that could add $35-40/sh per...
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UPDATE: Morgan Stanley Initiates Coverage On GasLog Partners LP On Fastest-Growing MLP
Monday, June 2, 2014 - 7:14am | 95In a report published Monday, Morgan Stanley analyst Fotis Giannakoulis initiated coverage on GasLog Partners LP (NYSE: GLOP) with an Overweight rating and $32.00 price target. In the report, Morgan Stanley noted, “GLOP is the fastest growing shipping MLP globally. It has a long pipeline of...
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UPDATE: Morgan Stanley Reiterates On Safe Bulkers On Solid 1Q14 Profitability
Friday, May 30, 2014 - 9:24am | 102In a report published Friday, Morgan Stanley analyst Fotis Giannakoulis reiterated an Overweight rating on Safe Bulkers (NYSE: SB), but removed the $11.00 price target. In the report, Morgan Stanley noted, “SB reported $0.10 adjusted EPS, matching the Street's and our estimates. TCE revenue of $...
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UPDATE: Morgan Stanley Reiterates On Ship Finance International Limited Following 1Q14 Earnings Review
Wednesday, May 28, 2014 - 9:02am | 125In a report published Wednesday, Morgan Stanley analyst Fotis Giannakoulis reiterated an Equal-Weight rating on Ship Finance International Limited (NYSE: SFL), and raised the price target from $18.00 to $19.00. In the report, Morgan Stanley noted, “1Q14 marginally better than expected. SFL...
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UPDATE: Morgan Stanley Reiterates On GasLog Ltd. On Steady Growth Story
Monday, May 19, 2014 - 9:22am | 95In a report published Monday, Morgan Stanley analyst Fotis Giannakoulis reiterated an Overweight rating on GasLog Ltd. (NYSE: GLOG), and raised the price target from $28.00 to $29.00. In the report, Morgan Stanley noted, “GLOG offers reliable growth through a series of contracted newbuilds and...
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Morgan Stanley Sees Good Investment Opportunity In Diana Shipping
Thursday, May 15, 2014 - 8:46am | 93In a report published Thursday, Morgan Stanley analyst Fotis Giannakoulis reiterated an Overweight rating and $14.50 price target on Diana Shipping (NYSE: DSX). In the report, Morgan Stanley noted, “DSX offers a solid deep value investing opportunity as it trades at a steep NAV discount and its...
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UPDATE: Morgan Stanley Reiterates on Navigator Holdings Ltd. on New Seaways for Gas Carriers
Monday, April 28, 2014 - 9:06am | 133In a report published Monday, Morgan Stanley analyst Fotis Giannakoulis reiterated an Equal-Weight rating on Navigator Holdings Ltd. (NYSE: NVGS), and raised the price target from $23.50 to $24.50. In the report, Morgan Stanley noted, “Dominant position in the premium semi-ref gas carrier market...
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Morgan Stanley Sees Paragon Shipping's Spot Fleet Moving Closer to Profitability
Tuesday, March 18, 2014 - 8:46am | 87In a report published Tuesday, Morgan Stanley analyst Fotis Giannakoulis reiterated an Equal-Weight rating on Paragon Shipping (NASDAQ: PRGN). In the report, Morgan Stanley noted, “With the market fairly balanced and global fleet supply growth shrinking, PRGN's spot fleet is moving closer to...
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UPDATE: Morgan Stanley Reiterates on Knightsbridge Tankers Limited Following Capesize Acquisition
Tuesday, March 11, 2014 - 7:47am | 138In a report published Tuesday, Morgan Stanley analyst Fotis Giannakoulis reiterated an Overweight rating on Knightsbridge Tankers Limited (NASDAQ: VLCCF), and raised the price target from $9.50 to $12.00. In the report, Morgan Stanley noted, “VLCCF acquired 6 Capesize vessels from companies...