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Fly News Breaks for August 11, 2017
Aug 11, 2017 | 05:00 EDT
Citi analyst Christian Wetherbee downgraded Navios Acquisition and cut his price target for the shares to $1.25 from $2.00. Following the Q2 results, the analyst is becoming more concerned about the sustainability of the company's dividend with existing charters rolling off in the coming four quarters.
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