Eagle Point Credit (ECC) Tops Q2 EPS by 1c

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Eagle Point Credit Company (ECC) PT Lowered to $20 at Oppenheimer

August 15, 2018 9:31 AM EDT

Oppenheimer analyst Chris Kotowski lowered the price target on Eagle Point Credit Company (NYSE: ECC) to $20.00 (from $21.00) while maintaining an Outperform rating.

Kotowski commented, "We very much like ECC's business model; investing in CLO equity is very similar in return to... More