Golden Ocean sinks as Pareto downgrades on weaker panamax rate outlook (NASDAQ:GOGL)

Bulk Carrier — vkyryl/iStock via Getty Images

Golden Ocean (NASDAQ:GOGL) -5.7% in Thursday’s trading after Pareto Securities downgrades to Hold from Buy with a $12.50 price target, cut from $15, saying 2025 expectations for the dry bulk shipping company are too optimistic.

While Golden Ocean (GOGL) “continues to

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Golden Ocean sinks as Pareto downgrades on weaker panamax rate outlook (NASDAQ:GOGL)

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