UPDATE: Iberia Capital Partners Upgrades Knightsbridge Tankers Limited on Positive Outlook
August 27, 2013 at 10:55 AM EDT
In a report published Tuesday, Iberia Capital Partners analyst David E. Beard upgraded the rating on Knightsbridge Tankers Limited (NASDAQ: VLCCF ) from Sector Perform to Outperform, and named a $10.00 price target. In the report, Iberia Capital Partners noted, “We believe the bulk carrier market is still 20-30% oversupplied
