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Fly News Breaks for April 16, 2019
SLRC
Apr 16, 2019 | 16:17 EDT
Raymond James analyst Robert Dodd initiated coverage of Solar Capital with an Outperform rating and $22.50 price target. Solar Capital's earnings projections exceed its dividend, which is yielding 7.7%, and its total economic return profile is the top one-third of business development companies, Dodd tells investors in a research note. He believes the current valuation represents a discount to fair value.
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