UPDATE: Deutsche Bank Upgrades Navios Maritime Acquisition Corporation to Buy on Yield Outlook
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
|May 2015||JP Morgan||Initiates Coverage on||Overweight|
|Jan 2015||Global Hunter||Initiates Coverage on||Buy|
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