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Fly News Breaks for May 12, 2016
MRCC
May 12, 2016 | 07:55 EDT
Oppenheimer analyst Chris Kotowski says Monroe Capital had an excellent start to the year and remains one of his firm's Top Pick given the 10% yield, a slight discount to NAV, overall excellent credit and immediate visibility into an expanded SBIC. The analyst reiterates an Outperform rating on the stock and raised his price target on the shares to $15 from $14.
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