In a report released today, Finian O’Shea from Wells Fargo maintained a Hold rating on Runway Growth Finance Corp, with a price target of $10.00. The company’s shares closed yesterday at $9.62.
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O’Shea covers the Financial sector, focusing on stocks such as FS KKR Capital, Carlyle Secured Lending Inc, and Runway Growth Finance Corp. According to TipRanks, O’Shea has an average return of 6.3% and a 56.82% success rate on recommended stocks.
In addition to Wells Fargo, Runway Growth Finance Corp also received a Hold from Clear Street’s Mickey Schleien in a report issued on October 13. However, yesterday, UBS maintained a Buy rating on Runway Growth Finance Corp (NASDAQ: RWAY).
The company has a one-year high of $11.73 and a one-year low of $8.35. Currently, Runway Growth Finance Corp has an average volume of 245.9K.
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RWAY in relation to earlier this year.
Read More on RWAY:
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- Runway Growth Finance price target lowered to $12.50 from $12.75 at UBS
- Runway Growth Finance price target lowered to $10 from $11 at Clear Street
- Runway Growth Finance Enters Merger Agreement with SWK
- Runway Growth Finance to acquire SWK Holdings in roughly $220M deal
- Runway Growth Finance Announces Merger with SWK Holdings
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