UBS Maintains Buy on Runway Gwth Fin, Lowers Price Target to $13.5
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brock Vandervliet maintains a Buy rating on Runway Growth Finance (RWAY) but lowers the price target from $15 to $13.5.

March 18, 2024 | 2:14 pm
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UBS maintains a Buy rating on Runway Growth Finance but lowers the price target from $15 to $13.5.
The adjustment in price target by UBS reflects a recalibration of expectations for RWAY, possibly due to market conditions or company performance. While the Buy rating indicates continued confidence in the company's prospects, the lowered price target suggests a tempered outlook on its valuation in the short term. This could lead to mixed reactions in the market, with the positive sentiment from the maintained Buy rating potentially offset by the reduced price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100