Reported about 19 hours ago
Fearnley has initiated coverage of Costamare Inc. (NYSE:CMRE), a prominent shipping and container stock, assigning it a Hold rating with a price target of $9.80. In Q1 2025, Costamare reported a net income of $95 million, or $0.79 per share. The company's fleet charter updates indicate that a significant portion of its container ships are secured for 2025 and 2026. While Costamare shows investment potential, analysts suggest that certain AI stocks may offer better upside with lower risk.
Source: YAHOO