The Dutch bank has set a $2.75 price target for the stock as it initiated coverage of the US-listed Greek shipowner.

On Monday analysts at Jefferies Group trimmed a dollar from their price target for Star Bulk to $7 a share and set a ‘buy’ rating on the stock.

Analysts at MLV & Co lowered their price target for Star Bulk by one-third to $6 per share Monday and also gave the stock a ‘buy’ rating.

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