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Fly News Breaks for October 17, 2017
SAR
Oct 17, 2017 | 08:32 EDT
Maxim analyst Michael Diana raised his price target on Saratoga Investment to $24 and kept his Buy rating following Q2 results. Diana attributes the increase to the 3.1% NAV increase and says Saratoga deserves a premium valuation in spite of higher leverage because of its strong credit quality record and lower-risk loan strategies.
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