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Fly News Breaks for February 6, 2020
GAIN
Feb 6, 2020 | 07:39 EDT
Wedbush analyst Henry Coffey downgraded Gladstone Investment to Neutral from Outperform with a price target of $14, up from $13.75. The analyst notes that the company reported a "solid" Q3 owing to better-than-expected dividend income and interest income. Nonetheless, after what has been a long series of successful years, he thinks the market is valuing the shares more in line with expected dividend prospects.
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