Compass Point Maintains Buy on Runway Gwth Fin, Lowers Price Target to $12.75
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Casey Alexander maintains a Buy rating on Runway Growth Finance (RWAY) but lowers the price target from $13.5 to $12.75.

March 11, 2024 | 4:34 pm
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NEUTRAL IMPACT
Compass Point maintains a Buy rating on Runway Growth Finance but lowers the price target from $13.5 to $12.75.
While the reduction in price target could suggest a slightly less optimistic view on RWAY's future price performance, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors digest both the positive and negative aspects of the analyst's outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100