Hovde Group Downgrades FS KKR Capital to Market Perform, Announces $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
Hovde Group analyst Erik Zwick downgraded FS KKR Capital (FSK) from Outperform to Market Perform and set a $20 price target.
February 28, 2024 | 12:04 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
FS KKR Capital was downgraded from Outperform to Market Perform by Hovde Group analyst Erik Zwick, with a new price target of $20.
Downgrades typically lead to a negative short-term reaction in the stock market as they suggest a less optimistic outlook on the company's future performance. The setting of a specific price target provides a benchmark that may influence investor expectations and market sentiment towards the stock.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100