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FBR Capital Downgrades Baltic Trading Limited (BALT) to Market Perform

October 31, 2011 7:48 AM EDT
BALT Hot Sheet
Rating Summary:
    1 Buy, 1 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
FBR Capital downgraded Baltic Trading Limited (NYSE: BALT) from Outperform to Market Perform with a price target of $5.80.

For more ratings news on Baltic Trading Limited click here and for the rating history of Baltic Trading Limited click here.

Shares of Baltic Trading Limited closed at $5.97 yesterday, with a 52 week range of $3.64-$12.69.


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