Alliance Global raised the firm’s price target on Euroseas (ESEA) to $85 from $75 and keeps a Buy rating on the shares. The firm says the latest time charter on the Kea feeder is “very positive for revenue and forward cover.” Kea secured a time charter for 36-38 months at a gross rate of $30,000 per day, the analyst tells investors in a research note. It believes Euroseas has a solid 2026 outlook despite higher costs.
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