Keefe, Bruyette & Woods Upgrades Apollo Investment Corp. (AINV) to Outperform; Raises Price Target
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Keefe, Bruyette & Woods upgrades Apollo Investment Corp. (Nasdaq: AINV) from Market Perform to Outperform. Price target $8.
Keefe analyst says, "Our upgrade is largely predicated on the improving conditions of the capital markets and our view that this is likely to have a positive and/or stabilizing impact on credit markets, which should be positive for AINV shares."
To see more analyst ratings on AINV Click Here.
Apollo Investment Corporation (Apollo Investment) is a closed-end, non-diversified management investment company that has filed an election to be treated as a business development company (BDC) under the Investment Company Act of 1940 (the 1940 Act).
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