B. Riley Securities Upgrades Stellus Cap Investment to Neutral, Raises Price Target to $13.25
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Bryce Rowe upgraded Stellus Cap Investment (NYSE:SCM) from Sell to Neutral and increased the price target from $12.5 to $13.25.
May 13, 2024 | 11:09 am
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Stellus Capital Investment was upgraded by B. Riley Securities from Sell to Neutral, with a price target increase from $12.5 to $13.25.
The upgrade from Sell to Neutral by a reputable analyst firm, along with a raised price target, suggests a positive reassessment of SCM's outlook. This typically leads to increased investor confidence and can positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100