Justin Yagerman on Thursday upgraded US-listedunits of Greek compatriots Capital Product Partners (CPLP) and Navios MaritimePartners (NMM) to “buy” from “hold”.
In a note to clients the veteran researcher said the revision was based on a belief that both companies shouldtrade at a smaller discount to their “high-yield ocean shipping peers” on adistribution yield basis.
“CPLP and NMM arecurrently trading at a 10.9%
