Seaspan Corp's shares have been taken down a notch, having met its expected market value.
Jefferies analyst Randy Giveans lowered his rating from hold to buy while reducing 2019 forecasted earnings per share to $0.58 from $0.99 based on lower charter rates.
He said the company received $227m from K-Line for early termination of charters on seven boxships but rechartered them at a lower rate for shorter duration.
