B. Riley analyst Bryce Rowe raised the firm’s price target on Capital Southwest to $21.50 from $20 and keeps a Buy rating on the shares post the fiscal Q3 results. The shares "should work higher," supported by earnings and the regular quarterly dividend likely growing, and by projected coverage of the regular dividend well in excess of 100% "providing a cushion against potential credit quality weakness," the analyst tells investors in a research note.
Published first on TheFly
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