Prospect Capital Corp. (PSEC) Reports Q2 NII of 0.31/Share

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Go back to Prospect Capital Corp. (PSEC) Reports Q2 NII of 0.31/Share

Prospect Capital (PSEC) Weakness Viewed as Buying Opportunity - National Securities

May 8, 2014 11:47 AM EDT

National Securities maintained a Buy rating on Prospect Capital Corporation (NASDAQ: PSEC) price target of $13.00. Analyst Andrew Kerai thinks SEC issues my ultimately be positive for shareholder, and he thinks related weakness is a buying opportunity.

"Prospect was informed by the SEC that some of its wholly-owned portfolio companies should be considered investment companies and consolidated. Should this occur, the company may be required to... More