Equities
Fri, August 1, 2008 at 08:29 Tankers: Looks like the GMR conf call inspired buyers while the broad market sold off. If you haven’t listened to the G-Team on one of these calls – maybe you should. You can access it from their website. A first class outfit.
Dry Bulk: Speaking of the G-Team, their dry side pulled their sled another 2% on good volume. The other names were mostly mixed – though distant cousin SSW opened a can of whoopass on the market – gaining 9% on the day. Even George Glass caught the wind on that one.
In ratings news…
Tankers
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- Natasha Boyden maintains a BUY on GMR ($33).
- Natasha Boyden maintains a BUY on TOPS, though she lowers her price target to $10 (from $12).
Dry Bulk
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-Glenn Lodden upgrades Precious Shipping to BUY (THB 29.50).
- Kevin Sterling at Stephens maintain an OVERWEIGHT on DSX ($45).
- Natasha Boyden maintains a BUY on GNK ($97).
- Greg Lewis maintains an OUTPERFROM on DSX $39).
- Justin Yagerman maintains an OUTPERFORM on DSX ($32-35).
Other
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- Natasha Boyden maintains a HOLD on SSW, though she lowers her price target to $26 (from $30).
- Erik Helberg maintains a BUY on WWI (NOK 250).
- Henrik With maintains a BUY on WWI.
- Greg Lewis maintains an OUTPERFORM on FREE ($11.00).
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