Stifel Maintains Hold on Costamare, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Benjamin Nolan maintains a Hold rating on Costamare (NYSE:CMRE) and raises the price target from $11.5 to $12.
April 19, 2024 | 6:05 pm
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Stifel analyst Benjamin Nolan maintains a Hold rating on Costamare and raises the price target from $11.5 to $12.
The increase in price target by Stifel reflects a positive outlook on Costamare's stock, suggesting a potential upside from its current trading price. However, the Hold rating indicates that the analyst believes the stock might not have significant growth or decline in the short term, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90