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Fly News Breaks for March 11, 2019
Mar 11, 2019 | 08:50 EDT
Raymond James analyst Robert Dodd upgraded THL Credit to Market Perform from Underperform following the company's announcement to significantly cut the dividend and announce their intentions to permanently reduce base management and incentive fees. Dodd does not expect shares to move forward much until management can prove their ability to stabilize and even grow NAV again.
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