B. Riley Securities Downgrades Stellus Cap Investment to Sell, Announces $13 Price Target
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Bryce Rowe has downgraded Stellus Capital Investment (NYSE:SCM) from Neutral to Sell and set a price target of $13.
January 08, 2024 | 2:25 pm
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Stellus Capital Investment has been downgraded by B. Riley Securities from Neutral to Sell with a new price target of $13.
Downgrades by analysts can lead to a negative perception among investors and potential selling pressure. The new price target of $13 suggests a downside from the current trading price, which could influence short term stock performance negatively.
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