Nordic American Tanker (NAT +2.6%) gains after Cantor Fitzgerald upgrades shares to Hold. While...

|About: Nordic American Tankers Lim... (NAT)|By:, SA News Editor

Nordic American Tanker (NAT +2.6%) gains after Cantor Fitzgerald upgrades shares to Hold. While expecting Nordic's exposure to weak spot shipping prices to limit near-term profitability, Cantor likes the company's current valuation, low leverage, and reliance on Suezmax-class tankers.