Ladenburg Thalmann Initiates GSV Capital at Buy
Ladenburg Thalmann has published a research report on GSV Capital Corporation (NASDAQ: GSVC) and has initiated coverage on the company with a Buy rating and $17.25 price target previously on December 6, 2011.
In the report, Ladenburg Thalmann writes, " Key to the attractiveness of GSV as an investment is the portfolio's narrow focus on the most rapid growth industries in today's economy. These sectors include social media, cloud computing, clean tech and mobile computing platforms. These sectors all represent multi-billion dollar market opportunities and include some of the today's fastest growth companies such as Facebook, Twitter and Dropbox. Though the company has only been investing since late April of 2011, the asset management team has already acquired holdings in some impressive emerging growth, private companies including Facebook, Twitter, Zynga, Glit Groupe, and Kno. Currently, Twitter is GSV's largest holding at 16% of portfolio. We point to this holding as a prime example of GSV's ability to offer participation in a private security that is extremely hard purchase due to Twitter's strict internal policies concerning stock ownership. "
GSV Capital closed yesterday at $19.50.
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Tags: Ladenburg Thalmann
Posted in: Analyst Color, Price Target, Initiation, Pre-Market Outlook, Analyst Ratings