B. Riley upgraded SLR Investment (SLRC) to Buy from Neutral with an unchanged price target of $17 following a transfer in coverage. The firm transferred coverage of the business development companies. While credit trends remain broadly stable across most portfolios and dividend coverage “appears supported,” tighter spreads, lower prepayment activity, and “tapered” forecasts of origination activity are weighing modestly on near-term earnings visibility, the analyst tells investors in a research note. The firm’s Buy ratings reflect “differentiated” origination strategies, favorable returns on equity, and stable-to-improving portfolio metrics. Riley names Trinity Capital (TRIN), Sixth Street Specialty Lending (TSLX), and Blue Owl Capital (OBDC) its top BDC ideas.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you 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 upgraded to Buy from Neutral at Ladenburg
- SLR Investment Corp. Buy Rating: Strong Financial Position, Dividend Stability, and Growth Potential
- SLR Investment price target lowered to $17 from $18 at Raymond James
- SLR Investment Corp. Reports Q1 2025 Financial Results
- SLR Investment Corp. Q1 2025 Earnings Call Insights