Clarkson Capital Stock Recommendations and Price Targets

This is a list of recent ratings by Clarkson Capital.

Date	Company Name	Action	Current Price	Price Target	Rating
2/9/2026	AMKBY A.P. Moller-Maersk	Upgrade	$13.00		Strong Sell
1/27/2026	ECO Okeanis Eco Tankers	Upgrade	$44.00	$46.05	Neutral ➝ Buy
1/22/2026	CS Capstone Copper	Upgrade	C$11.00		Hold ➝ Strong-Buy
1/22/2026	SQM Sociedad Quimica y Minera	Reiterated Rating	$75.00	$90.00	Buy ➝ Neutral
1/12/2026	FRO Frontline	Upgrade	$30.00		Neutral ➝ Buy
12/15/2025	TEN Tsakos Energy Navigation	Initiated Coverage	$34.00	$35.00	Buy
12/3/2025	BWLP BW LPG	Upgrade	$14.00		Neutral ➝ Buy
11/24/2025	FRO Frontline	Upgrade	$30.00		Hold
11/19/2025	FCX Freeport-McMoRan	Upgrade	$56.00	$46.00	Neutral ➝ Buy
11/18/2025	CS Capstone Copper	Downgrade	C$11.00		Strong-Buy ➝ Hold
11/14/2025	ECO Okeanis Eco Tankers	Upgrade	$44.00		Hold
10/24/2025	KOS Kosmos Energy	Initiated Coverage	$2.00	$4.00	Buy
10/8/2025	TNK Teekay Tankers	Upgrade	$63.00		Strong-Buy
9/25/2025	FCX Freeport-McMoRan	Reiterated Rating	$56.00	$42.00	Buy ➝ Neutral
9/9/2025	SMHI SEACOR Marine	Downgrade	$7.00	$7.00	Buy ➝ Neutral
9/3/2025	VALE Vale	Initiated Coverage	$15.00	$12.00	Buy
9/2/2025	NE Noble	Downgrade	$46.00		Buy ➝ Neutral
9/2/2025	VAL Valaris	Downgrade	$94.00	$54.00	Buy ➝ Neutral
5/22/2025	GSL Global Ship Lease	Downgrade	$37.00	$28.00	Strong-Buy ➝ Hold
5/20/2025	ZIM ZIM Integrated Shipping Services	Downgrade	$27.00	$20.00	Buy ➝ Neutral
3/19/2025	GSL Global Ship Lease	Upgrade	$37.00		Hold ➝ Strong-Buy
2/28/2025	NGLOY Anglo American	Upgrade	$21.00		Strong-Buy
2/28/2025	BHP BHP Group	Upgrade	$69.00		Strong-Buy
2/28/2025	RIO Rio Tinto	Upgrade	$88.00		Strong-Buy
1/14/2025	ALB Albemarle	Initiated Coverage	$158.00	$112.00	Buy
11/22/2024	ZIM ZIM Integrated Shipping Services	Upgrade	$27.00		Hold ➝ Strong-Buy
11/14/2024	GSL Global Ship Lease	Downgrade	$37.00	$27.00	Buy ➝ Neutral
8/22/2024	NVGS Navigator	Upgrade	$18.00	$20.00	Neutral ➝ Buy
8/14/2024	FSLR First Solar	Initiated Coverage	$196.00	$270.00	Buy
8/8/2024	GSL Global Ship Lease	Upgrade	$37.00		Neutral ➝ Buy
3/21/2023	RIG Transocean	Upgrade	$6.00	$7.50	Neutral ➝ Buy