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SFL Corporation Refreshes $100 Million At-the-Market Equity Program with BTIG
SFL Corporation has renewed its at-the-market equity program with BTIG, allowing it to sell up to $100 million in common shares. This move enhances SFL’s flexibility in raising equity capital and could impact its capital structure and shareholder dilution. An analyst currently rates SFL as a Hold with a $10.50 price target, while TipRanks’ AI Analyst, Spark, assigns a Neutral score due to volatile profitability and a highly leveraged balance sheet.