UBS analyst Vilas Abraham has recently updated their analysis on PennantPark Floating Rate (PFLT, Financial), maintaining a "Neutral" rating while raising the price target. As of July 16, 2025, the price target for PFLT has been adjusted from $10.50 to $10.75.
The revised price target represents a 2.38% increase from the previous target, reflecting a positive outlook from UBS despite the unchanged "Neutral" rating. The update suggests a moderate upward potential for PFLT within the analyst's forecast period.
The changes come as part of UBS's regular assessment of PennantPark Floating Rate (PFLT, Financial), which operates under the sector of investments and financial services. The price target is set in USD and provides guidance for investors interested in the company.