Keefe, Bruyette & Woods Maintains Market Perform Rating for Eagle Point Credit Co: Here's What You Need To Know

Keefe, Bruyette & Woods has decided to maintain its Market Perform rating of Eagle Point Credit Co ECC and lower its price target from $12.00 to $11.00.

Shares of Eagle Point Credit Co are trading down 2.13% over the last 24 hours, at $10.48 per share.

A move to $11.00 would account for a 4.94% increase from the current share price.

About Eagle Point Credit Co

Eagle Point Credit Co Inc is an externally managed, non-diversified closed-end management investment company.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.