Wells Fargo Downgrades Seaspan (SSW) to Market Perform; Moving To Sidelines on Valuation
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Price: $9.91 --0%
Rating Summary:
2 Buy, 7 Hold, 6 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
2 Buy, 7 Hold, 6 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Wells Fargo downgraded Seaspan (NYSE: SSW) from Outperform to Market Perform, price target range $16-$17.
Wells analyst says, "We view SSW's risk/reward profile as relatively balanced, given its fixed revenue streams, growing dividend, and expanding fleet, juxtaposed against a relatively soft macro backdrop."
For an analyst ratings summary and ratings history on Seaspan click here. For more ratings news on Seaspan click here.
Shares of Seaspan closed at $16.65 yesterday.
Wells analyst says, "We view SSW's risk/reward profile as relatively balanced, given its fixed revenue streams, growing dividend, and expanding fleet, juxtaposed against a relatively soft macro backdrop."
For an analyst ratings summary and ratings history on Seaspan click here. For more ratings news on Seaspan click here.
Shares of Seaspan closed at $16.65 yesterday.
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