- The shipping sector could get a jolt after JPMorgan dips in to upgrade a pair of dry bulk names. JP thinks rates will run higher amid a more stable suply trend.
- The firm upgrades Diana Shipping (NYSE:DSX) and Golden Ocean (NASDAQ:GOGL) to Overweight from Neutral. Diana catches a price target of $8, while Golden Ocean earns a $14 PT.
- Related ETF: SEA.
- DSX +6.06% premarket to $5.60. GOGL +1.67% to $8.50.
JPMorgan sees upside for dry bulk shippers
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About DSX Stock
Related Stocks
Symbol | Last Price | % Chg |
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DSX | - | - |
Diana Shipping Inc. |