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Fly News Breaks for February 21, 2020
SLRC
Feb 21, 2020 | 08:13 EDT
Compass Point analyst Casey Alexander downgraded Solar Capital to Neutral from Buy with a price target of $21.50, down from $22.50. A material loss in the portfolio for Interactive Health will shake investor confidence and reduce any likely dividend increase for at least several quarters, Alexander tells investors in a research note. The analyst believes Solar Capital will have to stabilize the portfolio and look to rebuild investor confidence after this loss.
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