Compass Point Upgrades Pennant Park Investment to Neutral, Announces $6 Price Target
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Casey Alexander has upgraded Pennant Park Investment (NYSE:PNNT) from Sell to Neutral, setting a price target of $6.
September 09, 2024 | 4:27 pm
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Compass Point has upgraded Pennant Park Investment from Sell to Neutral, with a new price target of $6. This suggests a more positive outlook on the stock.
The upgrade from Sell to Neutral by Compass Point indicates a shift in sentiment towards a more positive outlook for Pennant Park Investment. The $6 price target suggests potential upside, which could lead to increased investor interest and a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100