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Fly News Breaks for February 3, 2020
SLRC
Feb 3, 2020 | 08:40 EDT
JPMorgan analyst Richard Shane upgraded Solar Capital to Overweight from Neutral with an unchanged price target of $21.50. Solar Capital shares are positioned to trade up to the high end of their historical range, given "ample" dividend coverage, solid net investment income growth, low non-accruals and and low equity exposure of 1%, Shane tells investors in a research note.
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