Compass Point Upgrades Runway Gwth Fin to Buy, Lowers Price Target to $11.25
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Casey Alexander has upgraded Runway Growth Finance (NASDAQ:RWAY) from Neutral to Buy, while lowering the price target from $12.75 to $11.25.
August 15, 2024 | 8:33 pm
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POSITIVE IMPACT
Compass Point analyst Casey Alexander has upgraded Runway Growth Finance (NASDAQ:RWAY) from Neutral to Buy, while lowering the price target from $12.75 to $11.25.
The upgrade from Neutral to Buy is a positive signal for investors, indicating increased confidence in the stock's performance. However, the lowered price target suggests tempered expectations for upside potential. Overall, the upgrade is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100