FBR Capital slashes its PT on shares of Frontline (FRO -5%) to $8, as the firm's fleet of 70...

|About: Frontline Ltd. (FRO)|By:, SA News Editor

FBR 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%).