Pennant Investment (PNNT) Reports In-Line Q4 EPS
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Increased Non-Accruals May Weigh on Pennant Investment's (PNNT) NOI; Jefferies Reiterates Hold
November 12, 2015 10:00 AM ESTJefferies reiterated a Hold rating on PennantPark Investment (NASDAQ: PNNT), and cut the price target to $7.00 (from $8.00), following the company's 4Q earnings report. PNNT reported NOI per share of $0.27, in line with the Street estimate. Non-accruals increased from 1.2% of the portfolio to 9.4% of the... More
