Goldman Sachs Downgrades Diana Shipping (DSX) to Neutral

June 3, 2011 6:58 AM EDT
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Price: $2.65 --0%

Rating Summary:
    5 Buy, 12 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 15 | New: 40
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Goldman Sachs downgraded Diana Shipping (NYSE: DSX) from Buy to Neutral.

The firm cited their reduced bulker rate forecast as well as the stock's outperformance versus the group. Goldman remains positive on the strong balance sheet.

For more ratings news on Diana Shipping click here and for the rating history of Diana Shipping click here.

Shares of Diana Shipping closed at $11.35 yesterday.


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