B. Riley Securities Maintains Neutral on Monroe Cap, Lowers Price Target to $8
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities analyst Bryce Rowe has maintained a Neutral rating on Monroe Cap (NASDAQ:MRCC) and lowered the price target from $8.25 to $8.
August 11, 2023 | 5:38 pm
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NEUTRAL IMPACT
Monroe Cap's price target has been lowered from $8.25 to $8 by B. Riley Securities, which maintains a Neutral rating on the stock.
The lowering of the price target by B. Riley Securities could potentially create a negative sentiment among investors. However, the maintained Neutral rating indicates that the analyst does not expect significant changes in the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100