Wells Fargo analyst Finian O’Shea lowered the firm’s price target on Runway Growth Finance to $11 from $12 and keeps an Equal Weight rating on the shares. The firm says NOI dropped on timing and cites lower acceleration of OID/fees.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RWAY:
- Runway Growth Finance reports Q2 EPS 37c, consensus 44c
- Runway Growth Finance Corp. Reports Second Quarter 2024 Financial Results
- Runway Growth Finance Corp. Announces Third Quarter Regular Dividend of $0.40 and $0.05 Supplemental Distribution
- Runway Growth Finance price target lowered to $11.50 from $12.50 at JPMorgan
- Runway Growth Finance price target raised to $14.50 from $13.50 at UBS