Wells Fargo Upgrades Solar Capital (SLRC) to Outperform
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Price: $12.67 --0%
Rating Summary:
10 Buy, 6 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 4 | Down: 8 | New: 15
Rating Summary:
10 Buy, 6 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 4 | Down: 8 | New: 15
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Wells Fargo upgraded Solar Capital (NASDAQ: SLRC) from Market Perform to Outperform with a price target of $25-$26. Analysts noted attractive valuation vs peers .
"We believe that the subordinated focus is offset by an attractive valuation and an improving risk profile following the acquisition of an asset based lender," said analyst Jonathan Bock.
For an analyst ratings summary and ratings history on Solar Capital click here. For more ratings news on Solar Capital click here.
Shares of Solar Capital closed at $23.07 yesterday.
"We believe that the subordinated focus is offset by an attractive valuation and an improving risk profile following the acquisition of an asset based lender," said analyst Jonathan Bock.
For an analyst ratings summary and ratings history on Solar Capital click here. For more ratings news on Solar Capital click here.
Shares of Solar Capital closed at $23.07 yesterday.
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