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Fly News Breaks for July 9, 2019
SBLK
Jul 9, 2019 | 08:53 EDT
After spending time with management, Jefferies analyst Randy Giveans believes Star Bulk Carriers is positioning itself to be one of the industry leaders during the ongoing dry bulk recovery in the second half of 2019 and beyond. Trading at 80% of net asset value, the stock remains attractively valued, Giveans tells investors in a research note. The analyst believes dry bulk shipping demand is showing signs of improvement.
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