JPMorgan Double Upgrades Navios Maritime Midstream Partners LP (NAP) to Overweight

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April 20, 2018 4:39 AM UTC
Get Alerts NAP Hot Sheet
Price: $2.50 --0%

Rating Summary:
    1 Buy, 3 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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JPMorgan upgraded Navios Maritime Midstream Partners LP (NYSE: NAP) from Underweight to Overweight with a price target of $6.00 (from $7.00).

Analyst Noah Parquette double upgrades NAP as the distribution is now out of the way. He lists the name a favored play in the crude tanker market alongside Insweb Corp (NYSE: INSW) and notes that Ardmore Shipping (NYSE: ASC) remains a favorite play in the product tanker market.

For an analyst ratings summary and ratings history on Navios Maritime Midstream Partners LP click here. For more ratings news on Navios Maritime Midstream Partners LP click here.

Shares of Navios Maritime Midstream Partners LP closed at $3.82 yesterday.


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