UPDATE: Stifel Initiates Coverage on Navios Maritime Holdings on Fair Valuation
October 09, 2013 at 10:35 AM EDT
In a report published Wednesday, Stifel analyst Benjamin Nolan initiated coverage on Navios Maritime Holdings (NYSE: NM ) with a Hold rating. In the report, Stifel noted, “We are initiating coverage of Navios Maritime (NM) with a Hold rating on the units as we believe they are fairly valued, trading