SuRo Capital price target raised to $11 from $10 at Barrington

Barrington raised the firm’s price target on SuRo Capital (SSSS) to $11 from $10 and keeps an Outperform rating on the shares. SuRo’s net asset value per share is expected to be in the range of $9.00-9.50 as of September 30, inline with Barrington’s estimate, the analyst tells investors in a research note. The firm believes additional monetization events within SuRo’s portfolio are likely, driving its NAV, shareholder dividends and stock price higher.