JMP Securities Upgrades Nuveen Churchill Direct to Market Outperform, Announces $18.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Brian McKenna upgraded Nuveen Churchill Direct (NYSE:NCDL) from Market Perform to Market Outperform, setting a price target of $18.5.
February 28, 2024 | 11:35 am
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POSITIVE IMPACT
Nuveen Churchill Direct was upgraded by JMP Securities from Market Perform to Market Outperform with a new price target of $18.5.
Upgrades by analysts, especially with a significant price target, can lead to increased investor confidence and potential short-term price appreciation. The upgrade from Market Perform to Market Outperform suggests a strong bullish outlook on NCDL by JMP Securities, likely influencing investor sentiment positively.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100