Deutsche Bank Increases Star Bulk Carriers Corp. PT to $30, Retains Buy Rating After Q4 Review
ByAinvest
Thursday, Apr 2, 2026 8:28 pm ET1min read
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Deutsche Bank increased its price target for Star Bulk Carriers Corp. from $27 to $30 while retaining a Buy rating, following an updated review of the company's performance after its fourth-quarter report. The firm is acquiring 16 vessels from Diana Shipping Inc. for $470.5 million, contingent on Diana completing its acquisition of Genco Shipping & Trading Ltd. shares. Star Bulk's fleet will expand to 157 ships with 15.9 million dwt and an average age of 12 years if the deal is finalized.
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