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JPMorgan Bullish on Palmer Square Capital BDC

JPMorgan gives an optimistic outlook for Palmer Square Capital BDC, assigning it an Overweight rating and $17.00 price target. The company's focus on larger borrowers and transparent portfolio marking is seen as beneficial. Expectations for growth and profitability suggest the stock will outperform others in the coming years.

by Mark Eisenberg
Mon, Feb 12, 2024 6:41pm
in Business
• 2 mins read
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JPMorgan Bullish on Palmer Square Capital BDC | FinOracle

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JPMorgan Gives Positive Outlook to Palmer Square Capital BDC, Sets $17.00 Price Target

On Monday, JPMorgan initiated coverage of Palmer Square Capital BDC (NYSE:PSBD) with an optimistic view, assigning it an Overweight rating and establishing a price target of $17.00 for December 2024.

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