PennantPark Floating Rate (PFLT, Financial) has been the subject of a recent analyst update by Maxim Group. On May 14, 2025, analyst Michael Diana from Maxim Group announced an adjustment in their price target for the stock.
The price target for PennantPark Floating Rate (PFLT, Financial) has been lowered from $12.50 to $11.50, representing an 8% reduction. Despite the adjusted price target, the analyst has maintained their "Buy" rating for PFLT.
This adjustment reflects Maxim Group's updated outlook on the stock, while still expressing confidence in PennantPark Floating Rate's potential performance. Investors holding or considering PFLT should take note of this revised valuation as it may impact their investment decisions.