JP Morgan Downgrades SLR Inv to Underweight, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Melissa Wedel has downgraded SLR Investment Corp (NASDAQ:SLRC) from Neutral to Underweight and lowered the price target from $15.5 to $15.
July 29, 2024 | 11:57 am
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JP Morgan analyst Melissa Wedel downgraded SLR Investment Corp (NASDAQ:SLRC) from Neutral to Underweight and reduced the price target from $15.5 to $15.
The downgrade from Neutral to Underweight and the reduction in the price target by a major financial institution like JP Morgan is likely to negatively impact investor sentiment and the short-term stock price of SLRC.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100