Compass Point Downgrades Saratoga Investment to Neutral, Announces $24.75 Price Target
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Casey Alexander has downgraded Saratoga Investment (NYSE:SAR) from Buy to Neutral and set a price target of $24.75. This change in rating may influence the stock's performance in the short term.
January 10, 2024 | 3:13 pm
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Saratoga Investment was downgraded by Compass Point from Buy to Neutral with a price target of $24.75, potentially affecting investor sentiment and the stock's market price.
Downgrades by analysts can lead to a negative perception among investors, potentially causing a decrease in stock price. The new price target of $24.75 set by Compass Point may also recalibrate market expectations for SAR's stock value.
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