Cantor Fitzgerald Starts Navios Maritime Partners (NMM) at Buy
More News related to NMM
- Navios Maritime Partners L.P. Reports Financial Results for the Second Quarter and Six Months of 2008 and Announces Increased Unit Distributions of $0.385 for the Third Quarter and $0.40 for the Fourt
- Navios Maritime Partners L.P. Declares Cash Distribution of $0.35 per Unit and Announces the Date for Second Quarter 2008 Results, Conference Call and Webcast
- Navios Maritime Partners L.P. Announces Closing of Purchase of Navios Aurora I
- Notable Analyst Rating Changes 1/07: LLY, DTV, BCR Upgraded; BBY, MOT, IBM, UNH Downgraded
- Cantor Fitzgerald Starts Navios Maritime Partners (NMM) at Buy
More News related to New Coverage
- UC Hub Group and Sky Pacific Announce Guatemala City Authorizes $3.2 Million Alternative Energy Deal
- Table Mountain Casino Announces MEGA MOUNTAIN JACKPOTS Back-to-Back Winners
- Rackspace Hosting Expands to Asia
- Directory of Top 60 Biopharmaceutical Manufacturers in China in One Report
- KKR Announces Appointment of Yoshiharu Fukuhara as Senior Advisor in Japan
Cantor Fitzgerald initiates coverage on Navios Maritime Partners (NYSE: NMM) with a Buy rating and a $21 price target.
The firm said it likes Navios because the Company only focuses on long-term charter contracts. providing clear earnings visibility and support to back its dividend. Cantor also expects Navios to continue benefiting from strength in the dry bulk commodities, especially from China and India.
Navios Maritime Partners L.P. owns and operates drybulk carriers in Greece. As of November 13, 2007, it owned or had rights to eight vessels.
Related Categories
New CoverageStocks Mentioned
+0.18Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
