B. Riley Securities Reiterates Neutral on Gladstone Inv, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Bryce Rowe has reiterated a Neutral rating on Gladstone Investment Corporation (GAIN) and increased the price target from $13.5 to $14.
May 10, 2024 | 1:53 pm
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POSITIVE IMPACT
Gladstone Investment Corporation's Neutral rating was reaffirmed by B. Riley Securities, with a price target increase from $13.5 to $14.
The reiteration of a Neutral rating suggests that the analyst sees limited upside potential or risks that could offset gains. However, the increase in the price target from $13.5 to $14 indicates a positive adjustment in the expected performance of GAIN. This could lead to a slight positive sentiment among investors, potentially impacting the stock price positively in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100