By: Benzinga
UPDATE: Citigroup Initiates Navios Maritime Partners at Buy on Dividend Stability Expectations
Citigroup initiated Navios Maritime Partners (NYSE: NMM ) with a Buy rating and a $14.50 price target. Citigroup commented, "We are initiating coverage of Navios Maritime Partners with a Buy rating and $14.50 price target, which coupled with its 13% dividend yield provides an 18% expected total return. We
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