B. Riley Securities Downgrades Horizon Tech Finance to Sell, Announces $11 Price Target
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Bryce Rowe has downgraded Horizon Tech Finance (NASDAQ:HRZN) from Neutral to Sell and set a price target of $11.

January 08, 2024 | 2:27 pm
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NEGATIVE IMPACT
Horizon Tech Finance was downgraded by B. Riley Securities from Neutral to Sell with a price target of $11.
The downgrade from Neutral to Sell by a reputable analyst at B. Riley Securities suggests a bearish outlook on HRZN's stock performance in the short term. The announcement of a price target of $11, which may be below the current trading price, could lead to a negative investor sentiment and a potential decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100