Keefe, Bruyette & Woods Upgrades PennantPark Investment Corp (PNNT) to Outperform; Adjusts Estimates & PT
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Keefe, Bruyette & Woods upgrades PennantPark Investment Corp (Nasdaq: PNNT) to Outperform from Market Perform. Price target increased by $1 to $9.
Keefe analyst says, "We are adjusting our F2010 NOI/share estimate to $1.10 from $1.24, but increasing our price target to $9 from $8."
To see more analyst ratings on PNNT Click Here.
PennantPark Investment Corporation is a publicly listed business development firm specializing in direct and mezzanine investments in middle market companies.
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