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Seanergy Marine price target raised to $17 from $15 at B. Riley

B. Riley analyst Liam Burke raised the firm’s price target on Seanergy Marine (SHIP) to $17 from $15 and keeps a Buy rating on the shares. Seanergy is well-positioned for a strong FY26 Capesize market, supported by steady Chinese demand for iron ore and bauxite and limited newbuild deliveries keeping fleet growth under 2%, the analyst tells investors in a research note.

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