Raymond James Maintains Outperform Rating for WhiteHorse Finance: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Raymond James has maintained its Outperform rating for WhiteHorse Finance (NASDAQ:WHF) but lowered its price target from $14.00 to $13.50. WhiteHorse Finance's shares are currently trading down at $12.00, which is 1.64% lower than the last 24 hours. The new price target suggests a potential upside of 12.5% from the current share price. WhiteHorse Finance is an investment company focusing on debt investments in small-cap companies in the US.
November 10, 2023 | 5:00 pm
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Raymond James maintains Outperform rating on WhiteHorse Finance but reduces price target from $14.00 to $13.50, indicating a potential 12.5% upside from the current price of $12.00.
The maintenance of an Outperform rating by Raymond James is a positive signal for investors, suggesting confidence in the company's fundamentals. However, the reduction in the price target may reflect a more conservative outlook on the company's growth prospects. The potential upside of 12.5% from the current trading price could be seen as an attractive opportunity for investors, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100