Cantor Fitzgerald Raises PT on Paragon Shipping (PRGN) to $25
More News related to PRGN
- Cantor Fitzgerald Reiterates Buy on Paragon Shipping (PRGN); Ups PT to $27
- Paragon Shipping Inc. Announces Agreement to Purchase 2008-Built Supramax Drybulk Carrier
- Dahlman Rose & Co. Launches Only Publicly-Disseminated Marine Transportation Indices
- Paragon Shipping (PRGN) options active, volatility Flat at 59
- Cantor Fitzgerald Raises PT on Paragon Shipping (PRGN) to $25
More News related to Analyst Comments
- Piper Jaffray Upgrades Hasbro (HAS) To Buy With A $48 Price Target
- AmTech Previews MEMC Electronic (WFR) Q2 Earnings
- Intuitive Surgical (ISRG) Bulls Have Reason To Cheer After Strong Quarter
- AmTech Raises Price Target on Broadcom (BRCM) to $29
- AmTech Reiterates Buy on Yahoo! (YHOO)
Cantor Fitzgerald raises its price target on Paragon Shipping (Nasdaq: PRGN) from $23 to $25 and maintains a Buy rating.
The higher valuation comes after Paragon reported surprise upside Q1 earnings after the close yesterday. The firm raised its FY08 and FY09 EPS estimates on Paragon from $1.92 and $1.88 to $1.84 and $2.28, respectively. The Street estimates are currently $1.97 for FY08 and $2.40 for FY09.
Paragon Shipping, Inc. engages in the ocean transportation of cargoes worldwide, through the ownership and operation of bulk carrier vessels.
Related Categories
Analyst CommentsStocks Mentioned
+0.00Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
