Wells Fargo Maintains Underweight on SLR Inv, Lowers Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Finian O'Shea has maintained an Underweight rating on SLR Investment Corp (NASDAQ:SLRC) and lowered the price target from $13 to $12.5.
October 29, 2024 | 2:35 pm
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NEGATIVE IMPACT
Wells Fargo has maintained an Underweight rating on SLR Investment Corp and reduced the price target from $13 to $12.5, indicating a bearish outlook.
The Underweight rating suggests that Wells Fargo expects SLRC to underperform relative to other stocks. The lowered price target from $13 to $12.5 further indicates a negative outlook, which could lead to a decrease in investor confidence and a potential drop in SLRC's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100