B. Riley raised the firm’s price target on Gladstone Investment (GAIN) to $13.50 from $13 and keeps a Neutral rating on the shares following the fiscal Q2 report. The firm believes Gladstone can sustain a premium valuation, and would look to possibly upgrade its rating south on a pullback.
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 GAIN:
- Gladstone Investment Announces Mixed Q2 2024 Results
- GAIN Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Ex-Dividend Date Nearing for These 10 Stocks – Week of October 21, 2024
- Gladstone Investment Announces Leadership Transition with New CFO
- Gladstone Investment Announces Monthly Distributions and Earnings Call
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue