JPMorgan Starts Navios Maritime Containers (NMCI) at Overweight

JPMorgan analyst Noah Poponak initiates coverage on Navios Maritime Containers (NASDAQ: NMCI) with a Overweight rating and a price target of $9.00.

• Believes the company is an interesting alternative for investors seeking exposure to container shipping sector.
• Favors the under-leveraged balance sheet, high operating leverage to the potential recovery and the deep valuation discount to peers.

For an analyst ratings summary and ratings history on Navios Maritime Containers click here. For more ratings news on Navios Maritime Containers click here.

Shares of Navios Maritime Containers closed at $1.94 yesterday.

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