Compass Point Maintains Sell on Pennant Park Investment, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Casey Alexander maintains a Sell rating on Pennant Park Investment (NYSE:PNNT) and lowers the price target from $6.5 to $6.
August 20, 2024 | 12:11 pm
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Compass Point analyst Casey Alexander has maintained a Sell rating on Pennant Park Investment and reduced the price target from $6.5 to $6, indicating a bearish outlook.
The maintenance of a Sell rating and the reduction of the price target from $6.5 to $6 by Compass Point suggests a negative outlook on Pennant Park Investment's stock. This is likely to put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100