SEB Equities initiated coverage of Genco Shipping (GNK) with a Buy rating and $23 price target The company is positioned to benefit from a tighter dry bulk market in 2026, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GNK:
- Genco Shipping Announces Board Restructuring After Resignation
- Genco Shipping chairman James Dolphin retires, CEO John Wobensmith succeeds
- Genco Shipping’s Earnings Call: Resilience Amid Challenges
- Genco Shipping Reports Q2 2025 Results and Fleet Expansion
- Genco Shipping reports Q2 adjusted EPS (14c), consensus (13c)