Keefe Bruyette lowered the firm’s price target on BlackRock TCP Capital (TCPC) to $8.50 from $9 and keeps a Market Perform rating on the shares. BlackRock TCP had a “bad” quarter due to significant credit and net asset value deterioration, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TCPC:
- BlackRock TCP Capital price target lowered to $7.50 from $8 at Wells Fargo
- BlackRock TCP Capital Reports 2024 Earnings and Dividends
- BlackRock TCP Capital Announces Q4 2024 Financial Results
- BlackRock TCP Capital reports Q4 EPS 40c, consensus 37c
- BlackRock TCP Capital Corp. (TCPC) Q4 Earnings Cheat Sheet
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue