B. Riley Securities Reiterates Sell on Stellus Cap Investment, Lowers Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Bryce Rowe has reiterated a Sell rating on Stellus Capital Investment Corp (NYSE:SCM) and reduced the price target from $13 to $12.5.
March 06, 2024 | 1:38 pm
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B. Riley Securities has reiterated a Sell rating on Stellus Capital Investment Corp and lowered the price target from $13 to $12.5.
The reiteration of a Sell rating combined with a reduction in the price target by a reputable analyst firm like B. Riley Securities is likely to negatively impact investor sentiment towards SCM in the short term. This could lead to a decrease in the stock price as investors adjust their expectations based on the new price target and sell rating.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100