BTIG Maintains Buy on Eagle Bulk Shipping, Lowers Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Gregory Lewis has maintained a 'Buy' rating on Eagle Bulk Shipping (NYSE:EGLE) but lowered the price target from $70 to $52.
July 21, 2023 | 4:46 pm
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NEUTRAL IMPACT
Eagle Bulk Shipping's price target has been lowered from $70 to $52 by BTIG, though the 'Buy' rating is maintained.
The news directly pertains to Eagle Bulk Shipping (EGLE) as BTIG has lowered its price target for the company. However, the 'Buy' rating is maintained, indicating that BTIG still sees potential in the company. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100