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TriplePoint Venture price target lowered to $7.25 from $8 at Compass Point

Compass Point lowered the firm’s price target on TriplePoint Venture (TPVG) to $7.25 from $8 and keeps a Neutral rating on the shares. TriplePoint has “a positive 12-month potential return due to the dividend but a negative price appreciation potential,” the analyst tells investors, noting that net asset value has declined by 39% over the last three years.

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