Oppenheimer raised the firm’s price target on Saratoga Investment to $25 from $23 and keeps a Perform rating on the shares. The firm notes that in Q2 2025, Saratoga earned 97c/share, or a 14.4% ROE as it recognized $7.9M of interest income from the sale of Knowland with an additional $2.7M to be recognized in Q3. This gain was offset by $4.7M in losses from markdowns on its CLO, JV, and Pepper Palace.
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Read More on SAR:
- Saratoga Investment downgraded to Neutral from Buy at Ladenburg
- Closing Bell Movers: Saratoga Investment up 8% on earnings beat
- Saratoga Investment reports Q2 adjusted EPS $1.33, consensus 94c
- SAR Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Saratoga Investment Reschedules Annual Meeting, Urges Shareholder Votes
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