Morgan Stanley Maintains Confidence in Nordic American Tanker Ltd. Following EPS Report

In a report published Tuesday, Morgan Stanley analyst Fotis Giannakoulis reiterated an Equal-Weight rating on Nordic American Tanker Ltd. (NYSE: NAT ). In the report, Morgan Stanley noted, “The company reported an operating EPS loss of $(0.32) in line with our expected $(0.32) and consensus' $(0.31). Revenue dropped 9% QoQ