The latest price target for Pennant Park Investment (NYSE:PNNT) was reported by Raymond James on November 17, 2023. The analyst firm set a price target for $7.50 expecting PNNT to fall to within 12 months (a possible -3.59% downside). 4 analyst firms have reported ratings in the last year.

The latest analyst rating for Pennant Park Investment (NYSE:PNNT) was provided by Raymond James, and Pennant Park Investment maintained their outperform rating.

The last upgrade for Pennant Park Investment Corp happened on November 19, 2021 when JP Morgan raised their price target to $7.5. JP Morgan previously had an underweight for Pennant Park Investment Corp.

The last downgrade for Pennant Park Investment Corp happened on August 15, 2023 when Compass Point changed their price target from N/A to $6.75 for Pennant Park Investment Corp.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Pennant Park Investment, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Pennant Park Investment was filed on November 17, 2023 so you should expect the next rating to be made available sometime around November 17, 2024.

While ratings are subjective and will change, the latest Pennant Park Investment (PNNT) rating was a maintained with a price target of $7.25 to $7.50. The current price Pennant Park Investment (PNNT) is trading at is $7.78, which is out of the analyst’s predicted range.