Compass Point analyst Casey Alexander maintained a Buy rating on Runway Growth Finance Corp (RWAY – Research Report) today and set a price target of $14.50. The company’s shares closed yesterday at $12.97.
Alexander covers the Financial sector, focusing on stocks such as Horizon Technology, HCI Group, and Hercules Capital. According to TipRanks, Alexander has an average return of 9.2% and a 62.87% success rate on recommended stocks.
Currently, the analyst consensus on Runway Growth Finance Corp is a Moderate Buy with an average price target of $14.00.
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RWAY market cap is currently $525.4M and has a P/E ratio of 8.15.
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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 Corp. Reports Third Quarter 2023 Financial Results
- Runway Growth Finance Corp. Announces Fourth Quarter Dividend of $0.40 with $0.06 Supplemental Distribution
- Runway Growth Finance board declares supplemental dividend of 6c per share
- Runway Growth Finance Corp. Announces Date for Third Quarter 2023 Financial Results and Conference Call
- Runway Growth Finance provides Q3 portfolio update
