Lazard Raises Price Target on Diana Shipping (DSX) to $49
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Lazard raises its price target on Diana Shipping (NYSE: DSX) from $46 to $49 and maintains a Buy rating, following strong earnings reported this morning.
Diana reported Q1 earnings of $0.71 per share, 4 cents better than the consensus of $0.68. Revenues came in at $78.9 million, versus the consensus of $73.8 million.
Diana Shipping, Inc., through its subsidiaries, provides shipping transportation services.
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Comments
Making 52 week highs
I beleive with the new spot prices for shipping couled with incresed demand because of the earthquake, all the dry bulk shippers will go to new highs and them some. If you check the projections for the entire fleet, it id only common sense that the shippers are in the drivers seat when negotiating rates, (pun intented)
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Diana Shipping (DSX)
Wayne Bennett on Jun 11, 2008 08:16 PMWhy is DSX stock price decreasing?