JP Morgan Upgrades Eagle Bulk Shipping (EGLE) to Overweight
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JP Morgan upgrades Eagle Bulk Shipping (Nasdaq: EGLE) from Neutral to Overweight, saying the company will benefit from fleet growth. The firm also cited earnings and dividend growth.
Eagle Bulk Shipping, Inc. provides ocean transportation services for various major and minor bulk cargoes. The company principally transports iron ore, coal, grain, cement, and fertilizers along worldwide shipping routes.
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Eagle Bulk Shipping
Fred A. Cardinal on Aug 14, 2008 11:00 AMI was hoping it would go down further, so I could buy more! Ship in an expanding world, is like guns in a waaaaaaaaaar! Hedge funs, you had better change your shorts!!!