UPDATE: BofA Securities Starts New Mountain Finance (NMFC) at Buy

February 3, 2020 6:00 AM EST
Get Alerts NMFC Hot Sheet
Price: $13.08 -3.18%

Rating Summary:
    4 Buy, 5 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 10 | Down: 8 | New: 61
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(Updated - February 3, 2020 6:35 AM EST)

(updating analyst name, PT and comment)

BofA Securities analyst Serek Hewett initiates coverage on New Mountain Finance (NYSE: NMFC) with a Buy rating, PT $14.50.

The analyst comments "We believe NMFC is well positioned to capitalize on this supply/demand imbalance and deliver attractive risk-adjusted returns for investors."

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

Shares of New Mountain Finance closed at $14.05 yesterday.

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