Clarksons Platou Securities lifted its expectations for Scorpio Bulkers shares as its analysts said they see the shipowner in a position of strength to ride an upswing in the bulker market.
Frode Morkedal and Herman Hildan said lifted their price target to $10 from $5.50, with the new outlook implying a 34.2% premium on today's price for Scorpio's shares on the New York Stock Exchange.
They
