B. Riley Securities Maintains Buy on Oxford Lane Capital, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Matt Howlett maintains a Buy rating on Oxford Lane Capital (NASDAQ:OXLC) but lowers the price target from $7 to $6.
June 06, 2023 | 12:42 pm
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B. Riley Securities maintains a Buy rating on Oxford Lane Capital (OXLC) but lowers the price target from $7 to $6.
The news of B. Riley Securities maintaining a Buy rating on Oxford Lane Capital (OXLC) is positive for the stock. However, the lowering of the price target from $7 to $6 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100