UPDATE: Deutsche Bank Upgrades Navios Maritime Acquisition Corporation to Buy on Yield Outlook

Deutsche Bank upgraded Navios Maritime Acquisition Corporation

from Hold to Buy and raised the price target from $3.00 to $5.00. Deutsche Bank said, "In our outlook we have upgraded NNA to Buy-rated from Hold based on its exposure to product tankers and the potential for dividend raises in 2013 and 2014." Navios Maritime Acquisition Corporation closed at $2.56 on Tuesday.