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Stock impact report

Star Bulk Carriers Corp. (SBLK) PT Increased at Deutsche Bank Following Q4 Review [Yahoo! Finance]

Star Bulk Carriers Corp. - Common Shares (SBLK) 
Last star bulk carriers corp. - common shares earnings: 2/19 05:44 pm Check Earnings Report
US:NASDAQ Investor Relations: starbulk.com/en/investor-relations
Company Research Source: Yahoo! Finance
TheFly reported on March 20 that Deutsche Bank increased its price target for SBLK from $27 to $30 while retaining a Buy rating on the stock, following an updated review of the company's performance after its fourth-quarter report. Separately, earlier on March 6, Star Bulk Carriers Corp. (NASDAQ:SBLK) announced it entered a conditional Sale and Purchase Agreement to acquire sixteen vessels from Diana Shipping Inc., contingent on Diana completing its acquisition of all outstanding Genco Shipping & Trading Ltd. shares. The transaction's total cash consideration is $470.5 million and is subject to the successful completion of the Diana-Genco agreement and standard sale and purchase conditions. Star Bulk Carriers Corp. (SBLK) PT Increased at Deutsche Bank Following Q4 Review The fleet being acquired includes one Newcastlemax, six Capesize, seven Ultramax, and two Supramax vessels, totaling 1.8 million dwt with an average age of 11.4 years. If finalized, Star Bulk's fleet would expa Show less Read more
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