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Fly News Breaks for September 15, 2015
GARS
Sep 15, 2015 | 08:05 EDT
After meeting with Garrison's senior management, Cantor thinks the company could significantly reduce its fee structure, "blowing the doors off the BDC industry." The firm says that shareholders are rewarding lower fees, as low-fee investment vehicles are becoming more and more popular. Cantor reiterates a $16.50 price target and Buy rating on the shares.
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