Keefe, Bruyette & Woods Maintains Market Perform Rating for Eagle Point Credit Co: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Keefe, Bruyette & Woods has maintained its Market Perform rating for Eagle Point Credit Co (NYSE:ECC) and lowered its price target from $12.00 to $11.00. Shares of ECC are trading down 2.13% at $10.48 per share.
May 24, 2023 | 5:03 pm
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Keefe, Bruyette & Woods maintains Market Perform rating for Eagle Point Credit Co (NYSE:ECC) and lowers price target to $11.00. Shares are trading down 2.13% at $10.48.
The news of Keefe, Bruyette & Woods maintaining its Market Perform rating for Eagle Point Credit Co (NYSE:ECC) and lowering its price target from $12.00 to $11.00 is directly related to the company. The stock price is currently down 2.13%, but the lowered price target still represents a potential 4.94% increase from the current share price. This news may have a neutral short-term impact on the stock price as the rating is maintained, but the price target is lowered.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100