B. Riley Raises Pangaea Logistics Solutions (PANL) PT to $11.50 Amid Resilience in Niche Markets

Core Viewpoint - Pangaea Logistics Solutions Ltd. (NASDAQ:PANL) is identified as a promising investment opportunity, with a price target increase from B. Riley to $11.50, reflecting confidence in the company's resilience despite recent softening in dry bulk shipping rates [1][7]. Financial Performance - In Q3 2025, Pangaea Logistics reported a 10.2% year-over-year revenue increase to $168.7 million, surpassing analyst expectations [3]. - The company achieved an adjusted EPS of $0.17, significantly higher than the projected $0.03, driven by high shipping activity during the Arctic trade season and the integration of 15 Handysize vessels [3]. Market Outlook - The positive outlook for Pangaea Logistics is supported by anticipated global GDP growth, strong consumption in China, and limited vessel recycling [2]. - Operators in the sector are maintaining strong liquidity, positioning themselves to navigate potential market downturns and capitalize on high asset prices [2].