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Prospect Capital price target lowered to $2.50 from $3 at Wells Fargo

Wells Fargo analyst Finian O’Shea lowered the firm’s price target on Prospect Capital (PSEC) to $2.50 from $3 and keeps an Underweight rating on the shares. The firm sees Prospect Capital’s normalization in a constructive way, but also with still sharp NOI headwinds to navigate.

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