UPDATE: Citigroup Upgrades Safe Bulkers on Good Market Position
November 05, 2013 at 10:22 AM EST
In a report published Tuesday, Citigroup analyst Christian Wetherbee upgraded the rating on Safe Bulkers (NYSE: SB ) from Neutral to Buy, and raised the price target from $6.00 to $10.00. In the report, Citigroup noted, “We are upgrading Safe Bulkers to Buy as the company is well positioned to
