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

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Citi Research Analysts Expecting Seasonal Lull For Tankers Like Navios Maritime
Earnings Scheduled For May 19, 2016

Deutsche Bank upgraded Navios Maritime Acquisition Corporation (NYSE: NNA) 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.

Latest Ratings for NNA

DateFirmActionFromTo
Jul 2016CitigroupMaintainsBuy
Mar 2016Wells FargoDowngradesOutperformUnderperform
Feb 2016UBSMaintainsBuy

View More Analyst Ratings for NNA
View the Latest Analyst Ratings

Posted-In: Deutsche BankAnalyst Color Upgrades Analyst Ratings

 

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