JP Morgan Maintains Neutral on Carlyle Secured Lending, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Melissa Wedel maintains a Neutral rating on Carlyle Secured Lending (CGBD) and raises the price target from $15 to $16.
February 28, 2024 | 2:29 pm
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JP Morgan analyst Melissa Wedel maintains a Neutral rating on Carlyle Secured Lending and raises the price target from $15 to $16.
The increase in the price target from $15 to $16 by a reputable analyst at JP Morgan suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the maintenance of a Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for both upside and downside.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90