On June 24, 2025, JMP Securities analyst Matthew Condon issued an update on PennantPark Floating Rate (PFLT, Financial). The analyst decided to maintain a "Market Outperform" rating on the stock.
In the latest report, the price target for PennantPark Floating Rate (PFLT, Financial) was adjusted downward. The current price target stands at USD 11.00, a decrease from the prior target of USD 12.00. This represents a reduction of approximately 8.33%.
The company, listed on the NYSE, continues to be viewed positively by JMP Securities despite the lowered price target, maintaining its "Market Outperform" rating.