In a client briefing RS Platou Markets upgraded the Stamford, Connecticut-based operator’s New York-quoted shares from “hold” to “buy”.
The firm believes Dorian will launch an MLP next year as its newbuilding programme nears completion provided more time charters are secured.
“We see fair target of around $25.00 per share assuming yield pricing in an MLP structure,” Platou continued in its latest earnings preview.
“After
