Analysts Offer Insights on Financial Companies: Arch Capital Group (ACGL), Palmer Square Capital BDC Inc. (PSBD) and TriplePoint Venture Growth (TPVG)
Analysts fell to the sidelines weighing in on Arch Capital Group (ACGL – Research Report), Palmer Square Capital BDC Inc. (PSBD – Research Report) and TriplePoint Venture Growth (TPVG – Research 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
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
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
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.
