In a report released today, Alexander Paris from Barrington reiterated a Buy rating on SuRo Capital, with a price target of $10.00.
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Alexander Paris has given his Buy rating due to a combination of factors that highlight SuRo Capital’s strong performance and strategic investments. The company’s net asset value (NAV) per share has shown a significant increase, reaching $9.18, which is near the midpoint of their preliminary guidance. This marks a substantial year-over-year growth and represents the company’s strongest performance since its inception, driven largely by the recognition of value in AI infrastructure companies.
Additionally, SuRo Capital’s portfolio is strategically diversified, with top investments in high-growth sectors such as AI Infrastructure, Financial Technology, and Consumer Goods. The company’s top five investments account for a significant portion of the portfolio’s fair value, indicating a strong focus on high-potential ventures. With a disciplined investment approach and a diverse portfolio, SuRo Capital is well-positioned to capitalize on emerging market opportunities, justifying the Buy rating.
Paris covers the Consumer Defensive sector, focusing on stocks such as Perdoceo Education, Adtalem Global Education, and Franklin Covey Company. According to TipRanks, Paris has an average return of 15.2% and a 66.33% success rate on recommended stocks.