Great Elm Capital price target lowered to $8.50 from $10 at Clear Street

Clear Street analyst Mickey Schleien lowered the firm’s price target on Great Elm Capital (GECC) to $8.50 from $10 and keeps a Buy rating on the shares. The company reported a “rough” Q3 with multiple credit issues, the analyst tells investors in a research note. The firm now expects lower forward earnings and possible dividend pressure in 2026 for Great Elm.