UPDATE: Morgan Keegan Downgrades Main Street Capital Corporation to Market Perform

Morgan Keegan cuts its rating on Main Street Capital Corporation

to Market Perform from Outperform, as it believes its solid Q4 and raised dividend are already priced into its current stock valuation. Price target is raised $3.50 to $24.50 a share on increased estimates. Morgan Keegan notes, "MAIN continues to perform well, maintains a strong liquidity position, and has a potentially significant earnings catalyst due to a sub-advisory agreement - However, we believe much of this near-term and future potential is priced into the stock at these levels." MAIN closed at $24.83 a share on Friday.