Citizens analyst Devin Ryan raised the firm’s price target on SuRo Capital (SSSS) to $15 from $13 and keeps an Outperform rating on the shares. The firm notes the company announced two positive developments, including preliminary Q1 NAV of $14.00-$14.50 per share, which equates to an impressive 75%-plus increase from Q4 2025-end; and SuRo will be transitioning to an externally managed BDC from the current internally managed structure through a JV with Magnetar.
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Read More on SSSS:
- SuRo Capital: Upgraded Fundamentals, Strategic Magnetar Partnership, and Deep NAV Discount Support Buy Rating
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