Runway Growth Finance Corp. (RWAY) Misses Q4 EPS by 4c

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Go back to Runway Growth Finance Corp. (RWAY) Misses Q4 EPS by 4c

JPMorgan Downgrades Runway Grouwth Finance Corp. (RWAY) to Neutral

March 8, 2024 6:29 AM EST

JPMorgan 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