Golden Ocean Group (GOGL) Tops Q1 EPS by 7c
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Jefferies Cuts Price Target on Golden Ocean Group Limited (GOGL) Following 1Q15 Results
May 29, 2015 8:56 AM EDTJefferies maintains a Buy rating on Golden Ocean Group Limited (NASDAQ: GOGL), and cut the price target to $5.00 (from $6.50), following 1Q15. GOGL reported an adjusted EPS loss of $(0.18), which was better than the $(0.24) Street consensus. Analyst Douglas Mavrinac said that net revenues were weaker than... More
