UPDATE: Morgan Stanley Downgrades Ardmore Shipping Corporation (ASC) to Equalweight

August 25, 2016 6:41 AM EDT
Get Alerts ASC Hot Sheet
Price: $6.50 +1.40%

Rating Summary:
    13 Buy, 1 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 25 | Down: 28 | New: 8
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(Updated - August 25, 2016 6:48 AM EDT)

(Update corrects rating to indicate downgrade, not upgrade)

Morgan Stanley downgraded Ardmore Shipping Corporation (NYSE: ASC) from Overweight to Equalweight with a price target of $8.00 (from $9.50).

For an analyst ratings summary and ratings history on Ardmore Shipping Corporation click here. For more ratings news on Ardmore Shipping Corporation click here.

Shares of Ardmore Shipping Corporation closed at $7.61 yesterday.

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