Wells Fargo analyst Finian O’Shea lowered the firm’s price target on Runway Growth Finance (RWAY) to $6.50 from $7 and keeps an Equal Weight rating on the shares. The firm notes the company reported NOI below estimates, largely on lower-than-expected top line. Wells’ concern on revaluation pre-merger played out as Blueshift Labs and Marley Spoon were added to non-accrual late in the quarter and JobGet equity was marked down.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RWAY:
- Runway Growth Finance Resets After Transformative Quarter
- Runway Growth Finance reports Q1 EPS 29c, consensus 31c
- Runway Growth Finance names Avisha Khubani as Chief Credit Officer
- Runway Growth Finance Declares Second-Quarter 2026 Cash Dividend
- Runway Growth Completes SWK Acquisition, Expands Healthcare Focus