PFLT: Analyst Lowers Price Target While Maintaining Outperform Rating | PFLT Stock News

Author's Avatar
Jun 24, 2025

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.