Star Bulk Carriers (SBLK) Reports In-Line Q1 EPS

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Jefferies Cuts Price Target on Star Bulk Carriers (SBLK) Following 1Q15 Results

July 2, 2015 8:12 AM EDT

Jefferies reiterates a Buy rating on Star Bulk Carriers (NASDAQ: SBLK), and cut the price target to $5.00 (from $6.00), following 1Q15 results. SBLK reported an adjusted 1Q15 EPS loss of -$0.20 which was below Street consensus of an EPS loss of -$0.19.

Analyst Douglas... More