Reported about 19 hours ago
DNB Carnegie has downgraded Genco Shipping & Trading Limited (NYSE:GNK) from Buy to Hold with a price target of $14.90, following the company's reported net loss of $11.9 million in Q1 2025. Despite announcing a dividend of $0.15 per share and a $50 million share repurchase program, analysts suggest that some AI stocks may offer better investment opportunities.
Source: YAHOO