Baird Downgrades PennantPark Investment (PNNT) to Neutral

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Baird downgraded PennantPark Investment (NASDAQ: PNNT) from Outperform to Neutral with a price target of $11.00 (from $12.00).

For an analyst ratings summary and ratings history on PennantPark Investment click here. For more ratings news on PennantPark Investment click here.

Shares of PennantPark Investment closed at $10.38 yesterday, with a 52 week range of $9.24-$11.46.

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Robert W Baird

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