RBC Capital Initiates Coverage On Palmer Square Capital BDC with Outperform Rating, Announces Price Target of $17
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Kenneth Lee initiates coverage on Palmer Square Capital BDC (NYSE:PSBD) with an Outperform rating and a price target of $17.

February 12, 2024 | 11:06 am
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RBC Capital has initiated coverage on Palmer Square Capital BDC with an Outperform rating and a price target of $17.
Analyst ratings, especially from reputable firms like RBC Capital, can significantly influence investor perception and stock price. An Outperform rating suggests that the analyst believes PSBD will perform better than the market or its sector, potentially leading to increased investor interest and a rise in stock price. The announcement of a specific price target provides a tangible goal that may further boost investor confidence in the stock.
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IMPORTANCE 90
RELEVANCE 100