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Cantor Fitzgerald Cuts Eagle Bulk Shipping (EGLE) to Sell

March 15, 2012 11:29 AM EDT
Get Alerts EGLE Hot Sheet
Price: $48.70 --0%

Rating Summary:
    4 Buy, 10 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 6 | Down: 5 | New: 43
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Cantor Fitzgerald downgraded Eagle Bulk Shipping (NASDAQ: EGLE) from Hold to Sell Thursday morning following Q4 results from the company Wednesday evening. The firm maintained a $1 price target.

Shares of Eagle Bulk Shipping are down nearly 11 percent to around $1.60 at last check. The firm's price target implies potential downside of about 38 percent.

For an analyst ratings summary and ratings history on Eagle Bulk Shipping click here. For more ratings news on Eagle Bulk Shipping click here.


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