Piper Sandler has decided to maintain its Overweight rating of TriplePoint Venture Gwth (NYSE:TPVG) and lower its price target from $19.00 to $16.00.
Shares of TriplePoint Venture Gwth are trading down 0.08% over the last 24 hours, at $13.08 per share.
A move to $16.00 would account for a 22.32% increase from the current share price.
About TriplePoint Venture Gwth
TriplePoint Venture Growth BDC Corp is a closed-end, non-diversified management investment company. Its investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation. The fund focuses on companies operating in the fields of biofuels, business applications software, wireless communications equipment, e-commerce, clothing and accessories, conferencing equipment and services, personal goods, financial institutions and services, entertainment, mixed retailing, and healthcare services. Geographically, all the operations of the firm function through the region of the US.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
