On Thursday the firm’s shipping analyst, Noah Parquette, initiated research coverage of two New York-quoted operators that are active in this sector.
The forecaster stamped both StealthGas and Dorian LPG with “buy” ratings and set price targets of $15.00 and $24.00 per share, respectively.
In a note about the former, which is based in Athens, Parquette pointed out that it focuses on small, fully-pressurized gas carries, a corner of the market that tends to be substantially less volatile than others.
“The
