Wells Fargo Downgrades Genco Shipping (GNK) to Underperform; EBITDA Declining Significantly As Charter Coverage Falls Off

July 22, 2011 7:12 AM EDT Send to a Friend
Wells Fargo downgraded Genco Shipping (NYSE: GNK) from Market Perform to Underperform. Valuation range lowered to $3-$5 from $6-$8.

Wells ...

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