In a report released today, Casey Alexander from Compass Point maintained a Buy rating on Runway Growth Finance Corp (RWAY – Research Report), with a price target of $15.00. The company’s shares closed yesterday at $12.24.
According to TipRanks, Alexander is a 5-star analyst with an average return of 9.9% and a 65.63% success rate. Alexander covers the Financial sector, focusing on stocks such as Horizon Technology, HCI Group, and MidCap Financial Investment Corporation.
Currently, the analyst consensus on Runway Growth Finance Corp is a Moderate Buy with an average price target of $14.75.
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RWAY market cap is currently $495.8M and has a P/E ratio of 7.70.
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Runway Growth Finance Corp (RWAY) Company Description:
Runway Growth Finance Corp is a specialty finance company focused on providing senior secured loans to high-growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products and other high-growth industries.
Read More on RWAY:
- Runway Growth Finance participates in a conference call with JPMorgan
- Runway Growth Finance management to meet virtually with Oppenheimer
- Runway Growth Finance price target raised to $14.50 from $14 at B. Riley
- Runway Growth Finance reports Q2 EPS 49c, consensus 45c
- Runway Growth Finance Corp. Reports Second Quarter 2023 Financial Results
