Maritime Stocks: Upgrades & Downgrades

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Navios Maritime Acquisition Co. (NYSE:NNA) – Wells Fargo  downgraded from outperform rating to an underperform rating on Friday.  They currently have $1.62 price objective on the stock, down from their previous price objective of $2.75.

Gener8 Maritime Inc. (NYSE:GNRT) shares advanced 12.41% in last trading session and ended the day at $6.25.  GNRT Gross Margin is 44.00% and its return on assets is 4.40%.  Gener8 Maritime Inc. (NYSE:GNRT) quarterly performance is -33.79%.

Capital Product Partners L.P. (NASDAQ:CPLP)  was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Monday.  The stock traded down 14.63% on Monday, hitting $2.51.