Prospect Capital Corporation (NASDAQ:PSEC) Getting Somewhat Favorable Media Coverage, Analysis Shows

Media coverage about Prospect Capital Corporation (NASDAQ:PSEC) has trended somewhat positive on Saturday, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Prospect Capital Corporation earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 45.5104073281891 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news articles that may have impacted Accern’s analysis:

PSEC has been the subject of several research analyst reports. BidaskClub cut Prospect Capital Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday. Zacks Investment Research upgraded Prospect Capital Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, July 26th. National Securities reiterated a “sell” rating and set a $7.00 target price on shares of Prospect Capital Corporation in a research report on Monday, May 15th. BMO Capital Markets reiterated a “hold” rating and set a $7.00 target price on shares of Prospect Capital Corporation in a research report on Thursday, June 1st. Finally, FBR & Co cut Prospect Capital Corporation from an “outperform” rating to a “market perform” rating and cut their target price for the stock from $9.50 to $8.50 in a research report on Thursday, May 11th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. Prospect Capital Corporation has a consensus rating of “Hold” and a consensus target price of $8.04.

Prospect Capital Corporation (NASDAQ PSEC) opened at 7.15 on Friday. Prospect Capital Corporation has a 52 week low of $7.07 and a 52 week high of $9.58. The company’s 50-day moving average price is $8.07 and its 200-day moving average price is $8.62.

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Prospect Capital Corporation Company Profile

Prospect Capital Corporation is a financial services company. The Company primarily lends to and invests in middle market privately held companies. The Company is a closed-end investment company. Its investment objective is to generate both current income and long-term capital appreciation through debt and equity investments.

Insider Buying and Selling by Quarter for Prospect Capital Corporation (NASDAQ:PSEC)

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