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The Honolulu Advertiser

Posted at 1:54 p.m., Monday, July 16, 2007

Horizon Lines rated 'overweight' by stock analyst

Advertiser Staff

Horizon Lines Inc., the company that's the second biggest carrier of ocean cargo from the Mainland to Hawai'i,

was rated new ``overweight'' in new coverage by analyst Kevin Sterling at Stephens Inc., according to Bloomberg News.

Sterling set a 12-month price target is $45.00 per share. Charlotte, North Carolina-based Horizon Lines operates 21 U.S.-flag vessels.