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Sunday, June 05, 2011 12:29:47 AM
tickerspy.com Staff, On Friday June 3, 2011, 11:47 am EDT
Shares of dry bulk shipper DryShips (NASDAQ: DRYS - News) are surging 8% today after Goldman Sachs upgraded the stock to "buy" from "neutral," citing valuation and increased demand for dry bulk shipping services. Goldman also boosted its price target on DryShips to $6 from $5.50, implying upside of nearly 50% from where the shares currently.
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