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Ladenburg Thalmann Upgrades PennantPark Investment (PNNT) to Buy

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FBR Capital Downgrades PennantPark Investment (PNNT) to Market Perform Following Q4 EPS Miss and Dividend Cut

November 23, 2016 6:18 AM EST

FBR Capital downgraded PennantPark Investment (NASDAQ: PNNT) from Outperform to Market Perform and maintains a price target of $8.00 following EPS miss, dividend cut and fee waiver.

Analyst Christopher Nolan commented, "PNNT reported F4Q16 (quarter ended September 30) EPS of $0.21, below our estimate of... More

Pennant Investment (PNNT) Tops Q4 EPS by 1c

November 21, 2016 4:27 PM EST

Pennant Investment (NASDAQ: PNNT) reported Q4 EPS of $0.27, $0.01 better than the analyst estimate of $0.26.

DISTRIBUTION ADJUSTMENT AND FEE WAIVER

"Given the continued weakness in energy and overall yield compression in the market, we have concluded, in consultation with our... More