Compass Point raised the firm’s price target on SLR Investment (SLRC) to $17.25 from $16.50 and keeps a Neutral rating on the shares. Improvement in the credit profile and improvement in income generation leads the firm to see less risk that net interest income would decline materially below the dividend, even as base rates have fallen, the analyst tells investors.
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 SLRC:
- SLR Investment price target raised to $17 from $16 at Keefe Bruyette
- SLR Investment Corp. Earnings Call: Cautious Optimism
- SLR Investment Corp. Positioned for Growth with Strong Financials and 19% Total Return Potential
- SLR Investment Corp. Faces Sell Rating Amid Earnings Miss and Portfolio Concerns
- SLR Investment Corp. Reports Strong 2024 Financial Results