Lucid Capital initiated coverage of Sound Point Meridian Capital (SPMC) with a Buy rating and $22 price target The firm likes management’s strategy to equally weight the goals of generating an attractive dividend yield and net asset value stability.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPMC: