tiprankstipranks

Horizon Technology price target lowered to $9 from $10 at B. Riley

Horizon Technology price target lowered to $9 from $10 at B. Riley

B. Riley lowered the firm’s price target on Horizon Technology Finance to $9 from $10 and keeps a Sell rating on the shares following the Q2 report. The company continues to fight lingering weaknesses in the venture ecosystem, producing credit issues in Horizon’s investment portfolio and net asset value compression, the analyst tells investors in a research note.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue