Capital Product Partners (CPLP) Misses Q1 EPS by 1c

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Deutsche Bank Downgrades Capital Product (CPLP) to Hold

May 1, 2015 6:44 AM EDT

Deutsche Bank downgraded Capital Product (NASDAQ: CPLP) from Buy to Hold with a price target of $10.00 (from $13.00). Amit Mehrotra said its distribution growth strategy was disappointing.

"Mgmt. communicated an objective to increase common unit distribution 2-3% per year for the foreseeable future, which... More