Ladenburg Thalmann Maintains Buy on Monroe Cap, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Ladenburg Thalmann analyst Mickey Schlelen maintains a Buy rating on Monroe Cap (MRCC) but lowers the price target from $9.5 to $9.
March 13, 2024 | 11:44 am
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NEUTRAL IMPACT
Ladenburg Thalmann maintains a Buy rating on Monroe Cap but lowers the price target from $9.5 to $9.
The adjustment in price target by Ladenburg Thalmann, while maintaining a Buy rating, suggests a slight recalibration of expectations rather than a fundamental shift in the company's outlook. This could indicate a belief in the company's underlying strength, despite a more conservative valuation. The direct mention and specific action taken by the analyst make this news highly relevant and important for MRCC investors, though the neutral score reflects the mixed nature of the news (positive rating, lower target).
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100