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

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Ladenburg Thalmann Upgrades PennantPark Investment (PNNT) to Buy

November 22, 2016 12:54 PM EST

Ladenburg Thalmann upgraded PennantPark Investment (NASDAQ: PNNT) from Neutral to Buy with a price target of $8.00.

For an analyst ratings summary and ratings history on PennantPark Investment click here. For more ratings news on PennantPark Investment click here.

Shares of PennantPark Investment closed at $7.69 yesterday.

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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