Deutsche Bank Starts WhiteHorse Finance (WHF) at Buy

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January 4, 2013 7:40 AM EST
Get Alerts WHF Hot Sheet
Price: $7.07 -0.42%

Rating Summary:
    5 Buy, 6 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Deutsche Bank initiates coverage on WhiteHorse Finance (NASDAQ: WHF) with a Buy. PT $16.50.

The firm comments, "We expect net investment income to grow in 2013 as WHF deploys its IPO capital into new debt investments in small cap companies. We expect WHF to benefit from the upcoming debt maturity wall, which we expect to provide WHF with attractive new investment opportunities, as well as the experience of its Manager, which has access to 78 investment professionals focused on small cap debt investments."

For an analyst ratings summary and ratings history on WhiteHorse Finance click here. For more ratings news on WhiteHorse Finance click here.

Shares of WhiteHorse Finance closed at $14.90 yesterday.

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