Stephens Less Bullish on Dry Bulk Shippers: Downgrades DSX, GNK, PRGN, SBLK
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An analyst at Stephens has downgraded several stocks in the dry bulk shipping sector this morning, each from Overweight to Equalweight:
- Diana Shipping (NYSE: DSX) - price target from $20 to $13
- Genco Shipping (NYSE: GNK) - price target from $40 to $17
- Paragon Shipping (Nasdaq: PRGN) - price target from $7 to $5
- Star Bulk Carriers (Nasdaq: SBLK) - price target from $5 to $4
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