DNB Markets

DNB Markets reiterated a Buy rating on First Solar (NASDAQ: FSLR) and raised its price target from $19 to $21. DNB Markets commented, “Q2 revenues were 13% above our estimate and 16% above consensus, as the company reached milestones on several large solar projects and recognised revenues on...

We have come to recognize analyst ratings are a special breed of financial news that can yield profitable trading signals when caught early and approached the right way. They do go awry often, but when they work, they can produce some spectacular returns. Below are ten analyst calls made in 2012,...

According to a research report this morning, DNB Markets initiates a Buy rating and a $8.90 PT on the dry bulk company, Safe Bulkers (NYSE: SB). DNB Markets stated, “We remain positive on dry bulk fundamentals, while speed optimisation continues to make inroads into supply, which, coupled with...

According to a research report this morning, DNB Markets initiates a Sell rating on Genco Shipping & Trading along (NYSE: GNK) with a $2.00 PT. DNB Markets explained, “Our SELL recommendation and target price are based on 1) a negative NAV of USD5.9/share, 2) estimated negative cash balance as...

According to a research report published this morning, DNB Markets has initiated GasLog (NYSE: GLOG) with a Hold rating and $12.90 PT. DNB Markets commented in the report, "We see limited potential upside in terms of the existing fleet given the high coverage and long-term contracts. Also, we...

Listed below are today's Top Upgrades at Benzinga: Bank of America Upgrades Giant Interactive (NYSE: GA) to Neutral: BofA Merrill Lynch said in its report “Giant is managing the transition of its flagship game ZT to extend game life and expand the paying user base. Although we expect this move to...

According to a research report published this morning, DNB Markets has upgraded First Solar (NASDAQ: FSLR) from Hold to Buy, and lowered PT from $25 to $23. In the report, DNB Markets commented, "Following a weak Q1 we believe expectations have been reset and view improved cash flow going forward...

In a research report published today, DNB Markets has resumed coverage on Overseas Shipholding Group (NYSE: OSG) with a Sell rating and $8 PT. According to DNB Markets, "OSG is a mix of product tankers, vessels sailing under the US flag and crude tankers, with only 10% contract coverage on the...

According to a research report published this morning, DNB Markets has initiated Scorpio Tankers (NYSE: STNG) with a Buy rating and $7.80 PT. In the report, DNB Markets commented, "Scorpio is trading at 1.2x our NAV and we believe a premium is justified given our expectations of a recovery in the...

DNB Markets raises its rating on First Solar (NASDAQ: FSLR) to Hold from Sell on improved valuation DNB Markets says, "We have upgraded First Solar from SELL to HOLD as the valuation has improved since the company's Q4 report in late February. However, we do not believe the risk/reward is...

In a research report published today by DNB Markets, First Solar (NASDAQ: FSLR) reported weaker 4Q results than expected yesterday. DNB Markets commented in the report, “Surprisingly, the company took a USD164m (USD1.89/share) charge related to escalating warranty expenses for module replacements...