Dorian LPG has been raised to “buy” by Fearnley Securities.

“Considering a sound outlook for the second half and 2025 coupled with strong distributions, we upgrade Dorian to Buy,” analyst Fredrik Dybwad said in a note on Friday.

Dorian LPG springs $42.6m dividend to share cash pile with investors
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The share target price was lifted to $48 from $34.