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Fly News Breaks for August 21, 2017
ESEA
Aug 21, 2017 | 08:01 EDT
Maxim analyst James Jang initiated coverage of the dry bulk shipping sector, starting Euroseas with a Buy rating and $2.50 price target. He notes that all of the company's vessels are on fixed employment contracts through January 2018 and said he likes the company's strategy of utilizing short-term charters to maintain earnings visibility.