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down 54.58 %

NAVIOS MARITIME PARTNERS L.P. (NMM) rated Outperform by Wells Fargo

Posted on: Friday,  Nov 1, 2013  9:25 AM ET by Wells Fargo

Wells Fargo rated Outperform NAVIOS MARITIME PARTNERS L.P. (NYSE: NMM) on 11/01/2013, when the stock price was $16.47.
Since then, NAVIOS MARITIME PARTNERS L.P. has lost 54.58% as of 01/04/2016's recent price of $7.48.
If you would have followed this Wells Fargo's recommendation on NMM, you would have lost 54.58% of your investment in 794 days.

Navios Maritime Partners L.P. is an international owner and operator of drybulk carriers newly formed by Navios Maritime Holdings Inc. a vertically integrated seaborne shipping company with over fifty years of operating history in the drybulk shipping industry.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/1/2013 9:25 AM Buy
as of 12/13/2013
1 Week up  4.21 %
1 Month up  8.73 %
3 Months up  8.13 %
1 YTD up  8.13 %

(*) Stock Price at the time of the recommendation.
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