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BlackRock TCP Capital Corp has a consensus price target of $10.29 based on the ratings of 10 analysts. The high is $13 issued by JMP Securities on March 2, 2023. The low is $8 issued by Wells Fargo on November 7, 2024. The 3 most-recent analyst ratings were released by Wells Fargo on November 7, 2024, October 29, 2024, and August 26, 2024, respectively. With an average price target of $7.83 between Wells Fargo, there's an implied -12.87% downside for BlackRock TCP Capital Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for BlackRock TCP Cap (NASDAQ:TCPC) was reported by Wells Fargo on November 7, 2024. The analyst firm set a price target for $8.00 expecting TCPC to fall to within 12 months (a possible -11.01% downside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for BlackRock TCP Cap (NASDAQ:TCPC) was provided by Wells Fargo, and BlackRock TCP Cap maintained their underweight rating.
There is no last upgrade for BlackRock TCP Cap
The last downgrade for BlackRock TCP Capital Corp happened on August 26, 2024 when Wells Fargo changed their price target from $8.5 to $8 for BlackRock TCP Capital Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of BlackRock TCP Cap, 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 BlackRock TCP Cap was filed on November 7, 2024 so you should expect the next rating to be made available sometime around November 7, 2025.
While ratings are subjective and will change, the latest BlackRock TCP Cap (TCPC) rating was a maintained with a price target of $7.50 to $8.00. The current price BlackRock TCP Cap (TCPC) is trading at is $8.99, which is out of the analyst’s predicted range.
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