Zacks Investment Research downgraded shares of FRONTLINE LTD (FRO) from OUTPERFORM to NEUTRAL on September 01, 2014, with a target price of $2.20.
FRONTLINE LTD's business strategy is primarily based upon the following principles: emphasising operational safety and quality maintenance for all of its vessels complying with all current and proposed environmental regulations outsourcing technical operations and crewing achieving low operational costs of vessels achieving high utilisation of its vessels competitive financing arrangements and develop relationship to main charterers.
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