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Analysts Offer Insights on Financial Companies: Arch Capital Group (ACGL), Palmer Square Capital BDC Inc. (PSBD) and TriplePoint Venture Growth (TPVG)

Tipranks - Fri Mar 6, 6:46AM CST

Analysts fell to the sidelines weighing in on Arch Capital Group (ACGLResearch Report), Palmer Square Capital BDC Inc. (PSBDResearch Report) and TriplePoint Venture Growth (TPVGResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Arch Capital Group (ACGL)

In a report released today, Jimmy Bhullar from J.P. Morgan maintained a Hold rating on Arch Capital Group. The company’s shares closed last Wednesday at $98.42.

According to TipRanks.com, Bhullar is a 4-star analyst with an average return of 6.2% and a 56.3% success rate. Bhullar covers the Financial sector, focusing on stocks such as American International Group, Corebridge Financial, Inc., and Marsh & McLennan Companies. ;'>

Currently, the analyst consensus on Arch Capital Group is a Moderate Buy with an average price target of $108.08.

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Palmer Square Capital BDC Inc. (PSBD)

In a report released yesterday, Kenneth Lee from RBC Capital maintained a Hold rating on Palmer Square Capital BDC Inc., with a price target of $12.00. The company’s shares closed last Wednesday at $11.16.

According to TipRanks.com, Lee is a 4-star analyst with an average return of 6.2% and a 56.7% success rate. Lee covers the Financial sector, focusing on stocks such as MidCap Financial Investment Corporation, Morgan Stanley Direct Lending Fund, and Blackstone Secured Lending Fund. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Palmer Square Capital BDC Inc. with a $11.75 average price target, representing a 6.8% upside. In a report issued on February 27, TipRanks – PerPlexity also downgraded the stock to Hold with a $11.50 price target.

TriplePoint Venture Growth (TPVG)

In a report released today, Crispin Love from Piper Sandler maintained a Hold rating on TriplePoint Venture Growth, with a price target of $6.00. The company’s shares closed last Wednesday at $5.27.

According to TipRanks.com, Love is a 4-star analyst with an average return of 6.9% and a 55.5% success rate. Love covers the Financial sector, focusing on stocks such as Ellington Residential Mortgage, Northpointe Bancshares, Inc., and Virtus Investment Partners. ;'>

TriplePoint Venture Growth has an analyst consensus of Moderate Sell, with a price target consensus of $5.83, which is a 10.0% upside from current levels. In a report released today, TipRanks – xAI also downgraded the stock to Hold with a $5.50 price target.

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