Form 10-Q SARATOGA INVESTMENT CORP For: May 31
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Lucid Capital Markets Downgrades Saratoga Investment (SAR) to Neutral
July 9, 2025 2:41 PM EDTLucid Capital Markets analyst Erik Zwick downgraded Saratoga Investment (NYSE: SAR) from Buy to Neutral with a price target of $25.00 (from $26.00).
The analyst comments "Following 1Q26 results, we are downgrading our rating to Neutral and revising our price target to $25.00 (-$1.00), as we believe SAR shares should trade at 100% of our FY2026 year-end NAV estimate of $25.08. Over the last twelve months, repayments outpaced... More
