By: Benzinga
January 18, 2013 at 09:52 AM EST
UPDATE: Jefferies & Company Reiterates Hold Rating, Lowers PT on Nordic American Tanker Shipping Ltd.
In a report published Friday, Jefferies & Company reiterated its Hold rating on Nordic American Tanker Shipping Ltd. (NYSE: NAT ), but slightly lowered its price target from $9.00 to $8.00. Jefferies noted, “This morning, NAT announced that it would be paying a cash dividend of $0.16 per share on
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