Prospect Capital (NASDAQ:PSEC) Upgraded to Hold by Zacks Investment Research
Prospect Capital (NASDAQ:PSEC) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Wednesday, Zacks.com reports.
According to Zacks, “Prospect Capital Corporation is a closed-end investment company that lends to and invests in private and microcap public businesses. Prospect Capital’s investment objective is to generate both current income and capital appreciation through debt and equity investments. “
Several other equities analysts have also weighed in on the stock. BidaskClub upgraded shares of Prospect Capital from a “sell” rating to a “hold” rating in a report on Wednesday. TheStreet lowered Prospect Capital from a “b-” rating to a “c” rating in a research report on Friday, September 13th. Finally, ValuEngine raised Prospect C ...