Capital Southwest price target lowered to $23 from $24 at Raymond James

Raymond James lowered the firm’s price target on Capital Southwest (CSWC) to $23 from $24 and keeps an Outperform rating on the shares. March quarter results were in-line with expectations, with growing net asset value per share in a quarter where many of its peers saw declining NAV, the analyst tells investors in a research note. Raymond James sees an attractive risk/reward.