Zacks Investment Research downgraded shares of EAGLE BULK SHPG (EGLE) from OUTPERFORM to NEUTRAL on July 04, 2013, with a target price of $3.90.
Eagle Bulk Shipping is the largest U.S. based owner of Handymax dry bulk vessels. Handymax dry bulk vessels range in size from 35,000 to 60,000 deadweight tons, or dwt, and transport a broad range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
To get a free copy of the research report on EAGLE BULK SHPG (EGLE),
click here.
For more information about research offerings from Zacks Investment Research, visit
Zacks.com .
Be the first to comment