Gregory Lewis

Riot Blockchain Inc (NASDAQ: RIOT) currently operates around 2.4% of the global Bitcoin mining capacity, according to BTIG. The Riot Blockchain Analyst: Gregory Lewis initiated coverage of Riot Blockchain with a Buy rating and $45 price target. The Riot Blockchain Takeaways: While all of the...

Nikola Corporation (NASDAQ: NKLA) and Plug Power Inc. (NASDAQ: PLUG) are two energy stocks that have excited and disappointed investors in equal measure in recent times. An analyst at BTIG, however, is unequivocally bullish on the two equities.  The EV Stock Analyst: Analyst Gregory Lewis...

Credit Suisse upgraded Scorpio Bulkers Inc (NYSE: SALT) to Outperform from Neutral on expectations of higher bulk prices. “Bulker prices are up roughly 30% since bottoming in 1Q16 and with nil modern tonnage available for sale we expect prices to grind higher,” analyst Gregory Lewis...

Credit Suisse has downgraded Safe Bulkers, Inc. (NYSE: SB) to Underperform from Neutral as it expects prolonged weakness in the drybulk market. "Management has done a tremendous job of working with its banks to refinance ~$470 million which helps extend SB's runway, but at a certain point the...

Credit Suisse has downgraded Kirby Corporation (NYSE: KEX) to Neutral from Outperform on slowing volumes and potential weakness in coastal business. "While we like KEXs competitive position (25+ percent share in core inland/coastal businesses) and the long-term outlook for the maritime business at...

Tanker rates were mostly down last week. In a new report, Credit Suisse analyst Gregory Lewis dug into the activity behind the numbers. According to Lewis, June loadings are underway, with VLCC spot activity out of the MEG up roughly 40 percent week-over-week (W/W). About 40 oil tankers are being...

Credit Suisse’s Gregory Lewis maintained an Underperform rating for Transocean LTD (NYSE: RIG), with a price target of $10. There are about 1,200 floater days contracted year to date, which includes approximately 250 incremental days from the company’s fleet status report. “...

Seadrill Ltd (NYSE: SDRL) has seen a 51.28 percent decline in its share price over the past six months, with the shares almost touching their 52-week low on September 28. Gregory Lewis of Credit Suisse has maintained an Underperform rating on the company, with a price target of $5. The company...

In a report published Thursday, Credit Suisse analyst Gregory Lewis maintained an Underperform rating on the entire Offshore Drillers sector, while simultaneously downgrading Seadrill Ltd (NYSE: SDRL) to Underperform from Neutral (with a price target lowered to $5 from a previous $7) and Pacific...