JMP Securities Downgrades BlackRock TCP Cap to Market Perform
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Brian McKenna downgraded BlackRock TCP Capital (TCPC) from Market Outperform to Market Perform.

March 01, 2024 | 11:10 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
BlackRock TCP Capital was downgraded by JMP Securities from Market Outperform to Market Perform.
Analyst downgrades typically lead to a negative short-term impact on the stock price as they suggest a less optimistic outlook on the company's future performance. Given the downgrade is from Market Outperform to Market Perform, it indicates a significant change in the analyst's view on the company, likely leading to a decrease in investor confidence and a potential drop in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100