We initiate coverage of Star Bulk with a Sell recommendation and target price of USD 5.2

We find the dry cargo space very interesting and believe that the trough was 1Q16. However, the share is currently too expensive.

 

Company specifics:

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Market fundamentals:

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 Disclaimer: The publisher currently has no investment in the company
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3 thoughts on “SBLK-US: Initiation (SELL, TP 5.2)

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