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RayJay Drops Bearish THL Credit Stance As Company Cuts Dividend, Management Fees
Monday, March 11, 2019 - 12:28pm | 347THL Credit, Inc. (NASDAQ: TCRD) has announced a 22-percent dividend cut as well as its intention to permanently lower base management and incentive fees. The stock is unlikely to garner much support until the business stabilizes and begins to grow net asset value again, according to...
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Goldman Sachs BDC Positioned For Dividend Increase, Says Raymond James
Monday, May 7, 2018 - 12:31pm | 279Goldman Sachs BDC, Inc. (NYSE: GSBD) is positioned to grow its dividend, while plans to increase leverage and lower management fees provide a “win, win” situation, according to Raymond James. The Analyst Robert Dodd of Raymond James upgraded Goldman Sachs BDC from Outperform to Strong...
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Raymond James Downgrades Pra Group To Outperform, Expects Significant Weakness In Stock Today
Tuesday, May 10, 2016 - 11:25am | 254Shares of Pra Group Inc (NASDAQ: PRAA) plunged 20 percent after the debt collector's earnings missed consensus estimate by a wide margin, resulting in a Raymond James downgrade. Raymond James downgraded the stock to Outperform from Strong Buy, saying the regulatory changes hurt the results...
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Prospect Capital Downgraded To Sell-Equivalent At Raymond James, Sees 30% Downside Risk
Thursday, February 11, 2016 - 10:38am | 275Raymond James’ Robert Dodd downgraded the rating for Prospect Capital Corporation (NASDAQ: PSEC) from Market Perform to Underperform, citing concerns surrounding the probability of NAV declines in the future and uncertainty around the sustainability of taxable income. He also expressed...
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Raymond James Downgraded Goldman Sachs BDC (Not The Bank)
Thursday, June 4, 2015 - 3:39pm | 382In a report published Monday, Raymond James analyst Robert Dodd downgraded shares of Goldman Sachs BDC Inc (NYSE: GSBD) to Market Perform from Outperform while removing the $23 price target. Various media reports incorrectly attributed the downgrade to Goldman Sachs Group Inc (NYSE: GS) when the...
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UPDATE: Raymond James Downgrades Fidus Investment on Attractive Risk/Reward
Monday, March 10, 2014 - 10:04am | 117In a report published Monday, Raymond James analyst Robert Dodd downgraded the rating on Fidus Investment (NASDAQ: FDUS) from Strong Buy to Outperform, but reiterated the $22.00 price target. In the report, Raymond James noted, “We continue to believe Fidus' attractive capital position and second...
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Visa Not To Be Hurt By Financial Reforms: Analyst (V)
Friday, July 30, 2010 - 10:57am | 115Visa (NYSE: V) has announced positive quarterly results: a profit of $716 million. In an interview with CNBC, Robert Dodd, senior transaction processing industry analyst at Morgan Keegan, analyzed the company’s results. He told CNBC, “It appears from the consumer credit numbers that we’ve got...