Raymond James Maintains Outperform Rating for WhiteHorse Finance: Here's What You Need To Know

Raymond James has decided to maintain its Outperform rating of WhiteHorse Finance WHF and lower its price target from $14.00 to $13.50.

Shares of WhiteHorse Finance are trading down 1.64% over the last 24 hours, at $12.00 per share.

A move to $13.50 would account for a 12.5% increase from the current share price.

About WhiteHorse Finance

WhiteHorse Finance Inc is a non-diversified, closed-end management investment company. It makes debt investments in privately held; small-cap companies located in United States. Its investment objective is to generate attractive risk-adjusted returns for investors, primarily by originating senior secured loans to privately held small-cap companies across a broad range of industries.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

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.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

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