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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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)
