Jefferies Downgrades Capital Product (CPLP) to Hold, 'it does carry market exposure for its newbuildings delivering in 2026'

Jefferies analyst Omar Nokta downgraded Capital Product (NASDAQ: CPLP) from Buy to Hold with a price target of $18.00 (from $22.00).

The analyst comments "Capital Product Partners has a young modern fleet of LNG carriers and is preparing to dispose of its containership fleet, making it a focused gas shipowner and operator. It has significant revenue visibility in the near-term due to its LNG fleet's contract backlog, though it does carry market exposure for its newbuildings delivering in 2026."

For an analyst ratings summary and ratings history on Capital Product click here. For more ratings news on Capital Product click here.

Shares of Capital Product closed at $17.55 yesterday.

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