Ladenburg Thalmann Downgrades Gladstone Inv to Neutral, Maintains Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Ladenburg Thalmann analyst Mickey Schleien downgraded Gladstone Investment Corporation (GAIN) from Buy to Neutral while maintaining a price target of $14. The adjustment reflects a change in the firm's outlook on GAIN, without altering the price expectation.
May 09, 2024 | 5:29 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Gladstone Investment Corporation was downgraded by Ladenburg Thalmann from Buy to Neutral, with the price target held steady at $14.
The downgrade to Neutral suggests a more cautious outlook on GAIN by Ladenburg Thalmann, potentially due to market conditions or company performance. However, maintaining the price target at $14 indicates the firm's belief in the company's value stability short-term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90