Keefe, Bruyette & Woods Maintains Market Perform on Eagle Point Credit Co, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Paul Johnson maintains a Market Perform rating on Eagle Point Credit Co (NYSE:ECC) but lowers the price target from $10.5 to $10.

August 07, 2024 | 2:35 pm
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Keefe, Bruyette & Woods analyst Paul Johnson maintains a Market Perform rating on Eagle Point Credit Co (NYSE:ECC) but lowers the price target from $10.5 to $10.
The lowered price target from $10.5 to $10 by Keefe, Bruyette & Woods suggests a less optimistic outlook for Eagle Point Credit Co. This could lead to a short-term negative impact on the stock price as investors adjust their expectations.
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