Keefe Bruyette analyst Paul Johnson initiated coverage of MSC Income Fund (MSIF) with a Market Perform rating and $17.50 price target The firm’s target price implies a total return of 9.1% via 0.8% price return plus an 8.3% dividend return. MSC is a “unique” business development company but the shares are fully valued, 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 MSIF:
- MSC Income Fund initiated with an Outperform at RBC Capital
- Buy Rating Affirmed for MSC Income Fund, Inc. Due to Strong Growth Potential and Strategic Positioning
- MSC Income Fund initiated with a Market Perform at Raymond James
- MSC Income Fund initiated with a Buy at Truist
- MSC Income Fund initiated with a Market Perform at Citizens JMP
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue