Costamare (CMRE) Declares $0.10 Quarterly Dividend; 6.2% Yield

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Wells Fargo Downgrades Costamare Inc. (CMRE) to Market Perform

September 28, 2018 5:41 AM EDT

Wells Fargo analyst Michael Webber downgraded Costamare Inc. (NYSE: CMRE) from Outperform to Market Perform with a price target of $6.50 (from $8.00).

The analyst downgrades the entire container complex citing risks on the horizon. He believes headwinds from both IMP 2020 fuel regulations and impacts from... More