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Fly News Breaks for August 21, 2017
EGLE
Aug 21, 2017 | 07:59 EDT
Maxim analyst James Jang initiated coverage of the dry bulk shipping sector, starting Eagle Bulk Shipping with a Hold rating and $4.50 price target, saying he likes the longer-term prospects for the Handymax segment but see headwinds in the short- and medium-term tied to vessel oversupply.
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