In a client briefing Pareto Securities stamped the owner’s New York-quoted stock with a “buy” rating and set a price target of $13.00.
“With its strong balance sheet and high contract coverage, Diana is a more defensive bet on a broad dry bulk recovery,” it said.
Pareto praised the strength of the Greek bulker operator’s balance sheet and said it expects to see the company order more newbuildings in the months ahead.
“Diana
