Morgan Stanley Reiterates a “Equal-Weight” Rating on Diana Shipping (DSX) and $4 Target; CURAEGIS TECHNOLOGIES (CRGS) Shorts Lowered By 88.89%

April 17, 2018 - By Dolores Ford

Diana Shipping Inc. (NYSE:DSX) Logo

Morgan Stanley currently has a $4 TP on the $383.16M market cap company or 12.68% upside potential. In an analyst note sent to investors on 17 April, Diana Shipping (NYSE:DSX) stock had its “Equal-Weight” Rating reiterated by analysts at Morgan Stanley.

CURAEGIS TECHNOLOGIES INC (OTCMKTS:CRGS) had a decrease of 88.89% in short interest. CRGS’s SI was 100 shares in April as released by FINRA. Its down 88.89% from 900 shares previously. It closed at $0.315 lastly. It is down 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

The stock decreased 0.84% or $0.03 during the last trading session, reaching $3.55. About 69,817 shares traded. Diana Shipping Inc. (NYSE:DSX) has declined 21.78% since April 17, 2017 and is downtrending. It has underperformed by 33.33% the S&P500.

Diana Shipping Inc. provides shipping transportation services. The company has market cap of $383.16 million. The firm transports a range of dry bulk cargoes, including iron ore, coal, and grains, as well as steel products, cement, and fertilizers through its ownership of dry bulk vessels worldwide. It currently has negative earnings. It operates a fleet of 48 dry bulk vessels comprising 23 Panamax, 4 Kamsarmax, 3 Post-Panamax, 14 Capesize, and 4 Newcastlemax vessels.

Among 14 analysts covering Diana Shipping (NYSE:DSX), 1 have Buy rating, 2 Sell and 11 Hold. Therefore 7% are positive. Diana Shipping has $8 highest and $2.25 lowest target. $4.46’s average target is 25.63% above currents $3.55 stock price. Diana Shipping had 31 analyst reports since July 27, 2015 according to SRatingsIntel. Seaport Global reinitiated the shares of DSX in report on Tuesday, August 2 with “Neutral” rating. Nordea upgraded Diana Shipping Inc. (NYSE:DSX) on Friday, January 27 to “Buy” rating. Stifel Nicolaus maintained the stock with “Hold” rating in Monday, May 29 report. UBS downgraded the shares of DSX in report on Friday, September 4 to “Sell” rating. Jefferies maintained it with “Hold” rating and $4.5 target in Tuesday, September 5 report. J.P. Morgan downgraded it to “Hold” rating and $5.0 target in Wednesday, January 17 report. As per Wednesday, November 18, the company rating was downgraded by Deutsche Bank. The stock has “Sell” rating by Evercore on Monday, July 27. The stock of Diana Shipping Inc. (NYSE:DSX) earned “Hold” rating by Stifel Nicolaus on Monday, August 3. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, April 17.

Diana Shipping Inc. (NYSE:DSX) Ratings Chart

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