Keefe Bruyette lowered the firm’s price target on PennantPark Floating Rate (PFLT) to $10.50 from $11 and keeps a Market Perform rating on the shares. The company reported a mixed quarter due to an earnings miss and some slight portfolio depreciation, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PFLT:
- PennantPark Floating Rate Capital Reports Q3 2025 Results
- PennantPark Floating Rate reports Q3 EPS 25c, consensus 29c
- PFLT Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- PennantPark Announces August 2025 Monthly Distribution
- PennantPark Floating Rate price target raised to $10.75 from $10.50 at UBS