Runway Growth Finance Corp. Reports Fourth Quarter and Fiscal Year Ended 2023 Financial Results
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JPMorgan Downgrades Runway Grouwth Finance Corp. (RWAY) to Neutral
March 8, 2024 6:29 AM ESTJPMorgan analyst Melissa Wedel downgraded Runway Grouwth Finance Corp. (NASDAQ: RWAY) from Overweight to Neutral with a price target of $12.50 (from $13.50).
The analyst comments "RWAY reported 4Q23 NII/sh of $0.45, below JPMe/consensus estimates of $0.49, driven by lower than expected investment income. NAV was -4.1% sequentially, driven by... More
