Saratoga Investment price target raised to $26.25 from $24.75 at Compass Point

Compass Point raised the firm’s price target on Saratoga Investment to $26.25 from $24.75 and keeps a Buy rating on the shares. With four distressed investments out of the way, the firm believes Saratoga “appears to have turned the corner” and is “poised to regain” its track of out-earning the dividend and increasing net asset value from excess income and equity co-investments, the analyst tells investors.