Compass Point Downgrades Horizon Tech Finance to Sell, Announces $10 Price Target
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Casey Alexander has downgraded Horizon Tech Finance (NASDAQ:HRZN) from Neutral to Sell and set a price target of $10.
October 17, 2023 | 3:27 pm
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Horizon Tech Finance has been downgraded from Neutral to Sell by Compass Point, with a price target of $10.
The downgrade from Neutral to Sell by Compass Point indicates a negative outlook for Horizon Tech Finance. The price target of $10 also suggests that the analyst believes the stock is overvalued at its current price. This could lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100