Seaspan (SSW) Misses Q2 EPS by 3c

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Go back to Seaspan (SSW) Misses Q2 EPS by 3c

BofA/Merrill Lynch Downgrades Seaspan (SSW) to Underperform (Earlier)

July 29, 2014 12:28 PM EDT

BofA/Merrill Lynch downgraded Seaspan (NYSE: SSW) from Neutral to Underperform with a price target of $22.00 (from $25.00) following Q2 normalized EPS of $0.19, below their estimate of $0.23 target and consensus of $0.21.

"While we continue to believe that Seaspan is well positioned to benefit... More