Powered by

Stock Alert: Costamare Ascends 7%

Sep 29, 2020 - Nasdaq

(RTTNews) - Shares of shipping company Costamare Inc. (CMRE) are climbing more than 7% Tuesday morning, continuing yesterday's rally, after Citigroup upgraded the company. According to Briefing.com, Citigroup has upgraded the company stock to Buy from Sell. The brokerage has raised the price target to $6.50, up from $4. CMRE is currently trading at $6.22. It has traded in the range of $3.16- $10.84 in the last one year. The views and opinions expressed herein are the views and opinions of th...