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Fly News Breaks for January 25, 2018
EGLE
Jan 25, 2018 | 06:20 EDT
Deutsche Bank analyst Amit Mehrotra started Eagle Bulk Shipping with a Buy rating and $7 price target. The analyst sees the company's cash flows more than doubling of cash flows in 2018 and rising 20% in 2019, reflecting recent vessel acquisitions and continued improvements in dry bulk rates. He thinks shares can rally an additional 40%.
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