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FBR Capital slashes its PT on shares of Frontline (FRO -5%) to $8, as the firm's fleet of 70...
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Monday, August 29, 2011, 10:18 AM ETFBR Capital slashes its PT on shares of Frontline (FRO -5%) to $8, as the firm's fleet of 70 tankers makes it tricky to steer through an industry slump. Potentially better-positioned rivals are posting healthy gains including DryShips (DRYS +6.2%), Overseas Shipholding (OSG +6.2%) and Seaspan (SSW +3.3%).
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