Two analysts hiked their outlook for Eagle Bulk Shipping as the New York-listed outfit's fleet piles up earnings in a surging market during the second quarter.
Fearnley Securities upgraded its rating on the shipowner's shares from "hold" to "buy" on expectations that the company's next earnings report will feature a mountain of profit.
And Clarksons Platou Securities, the investment banking division of shipbroker Clarksons, hiked its price target on Eagle Bulk's shares to $60, a big jump from a $36 target set in...
