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Navios Maritime Acquisition Corporation (NNA) [hlAlert]

down 20.63 %

Navios Maritime Acquisition Corporation (NNA) upgraded to Buy with price target $5 by Maxim Group

Posted on: Tuesday,  Feb 11, 2014  12:25 PM ET by Maxim Group

Maxim Group rated Buy Navios Maritime Acquisition Corporation (NYSE: NNA) on 02/11/2014, when the stock price was $4.12.
Since then, Navios Maritime Acquisition Corporation has lost 20.63% as of 01/15/2016's recent price of $3.27.
If you would have followed this Maxim Group's recommendation on NNA, you would have lost 20.63% of your investment in 703 days.

Navios Maritime Acquisition Corp. does not have significant operations. It intends to acquire assets or operating businesses through a merger, capital stock exchange, asset acquisition, stock purchase, or other similar business combination. The company primarily focuses on target businesses in the marine transportation and logistics industries, including tankers, liquefied natural gas, liquefied petroleum gas, containers, and logistics sectors. Navios Maritime Acquisition Corp. was founded in 2008 and is headquartered in Piraeus, Greece.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/11/2014 12:25 PM Buy
4.12 5.00
as of 10/17/2014
1 Week up  0.38 %
1 Month down  -22.91 %
3 Months down  -25.14 %
1 YTD down  -37.13 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/9/2014 11:25 AM Hold

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