Maxim Group Sticks to Their Buy Rating for Horizon Technology (HRZN)

Maxim Group analyst Michael Diana reiterated a Buy rating on Horizon Technology (HRZNResearch Report) yesterday and set a price target of $20.00. The company’s shares closed last Thursday at $13.45.

According to, Diana is a 5-star analyst with an average return of 11.8% and a 46.7% success rate. Diana covers the Financial sector, focusing on stocks such as First Savings Financial Group, Generation Income Properties, and Westamerica Bancorporation.

Currently, the analyst consensus on Horizon Technology is a Moderate Buy with an average price target of $20.00.

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The company has a one-year high of $19.08 and a one-year low of $10.55. Currently, Horizon Technology has an average volume of 178.2K.

Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HRZN in relation to earlier this year.

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Horizon Technology Finance Corp. is a finance company, which engages in the provision of capital in the form of secured loans to venture capital backed companies. It also involves in lending and investing in portfolio companies in technology, life science, healthcare information and services, and cleantech industries. The company was founded on March 16, 2010 and is headquartered in Farmington, CT.

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