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Fly News Breaks for September 1, 2015
GLAD
Sep 1, 2015 | 05:43 EDT
Cantor Fitzgerald analyst David Chiaverini downgraded Gladstone Capital to Hold citing the company's "high level" of oil and gas exposure. The analyst thinks BDC portfolio companies exposed to oil and gas may face valuation write-downs in coming quarters and lowered his price target for shares to $9 from $9.50.
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