Ladenburg downgraded Runway Growth Finance to Neutral from Buy without a price target following the Q4 report. Management expects the venture market to remain challenging given an uncertain economic and interest rate outlook, which is expected to continue to impact the portfolio, the analyst tells investors in a research note. The firm notes the shares have reached its prior price target.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on RWAY:
- Runway Growth Finance Corp. Reports Fourth Quarter and Fiscal Year Ended 2023 Financial Results
- Runway Growth Finance Corp. Announces Joint Venture with Cadma Capital Partners
- Runway Growth Finance Corp. Announces First Quarter Regular Dividend of $0.40 and $0.07 Supplemental Distribution
- Runway Growth Finance board declares supplemental dividend of 7c per share
- Runway Growth Finance Corp. Announces Date for Fourth Quarter and Full Year 2023 Financial Results and Conference Call
