Zacks Investment Research upgraded shares of COSTAMARE INC (CMRE) from UNDERPERFORM to NEUTRAL on May 29, 2012, with a target price of $13.90.
Costamare Inc. operates as a containership owner chartering its vessels to liner companies. The Company deploys its containership fleet principally under multi-year time charters with leading liner companies that operate regularly scheduled routes between large commercial ports. It also provides a range of shipping services, such as technical support and maintenance, insurance consulting, financial and accounting services. Costamare Inc. is headquartered in Athens, Greece.
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