B. Riley analyst Bryce Rowe raised the firm’s price target on Main Street to $49 from $47 and keeps a Neutral rating on the shares. Main Street’s results continue to reflect industry-leading fundamentals with return on equity of 17.3%, compared to a Q1 sector median of 11.5%, and quarter over quarter and year over year NAV per share growth of 1% and 8%, respectively, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MAIN:
- Main Street price target raised to $52 from $45 at Truist
- Main Street reports Q1 NII $1.05, consensus $1.03
- MAIN STREET ANNOUNCES FIRST QUARTER 2024 RESULTS
- Main Street Announces Third Quarter 2024 Regular Monthly Dividends, Including a Monthly Dividend Increase, and Supplemental Dividend Payable in June 2024
- Is MAIN a Buy, Before Earnings?