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UPDATE: JP Morgan Initiates WhiteHorse Finance at Overweight on Proprietary Platform

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Top 4 NASDAQ Stocks In The Asset Management Industry With The Lowest PEG Ratio
Earnings Scheduled For November 10, 2014

JP Morgan initiated coverage on WhiteHorse Finance (NASDAQ: WHF) with an Overweight rating and a $15 price target.

JP Morgan noted, "We believe WHF has a competitive advantage through its access to resources from small-cap focused asset manager H.I.G. Capital. This access enables WHF to maintain a primarily self-originated portfolio, and also provides access to an experienced team of investment professionals. Given the slight discount to book at which WHF currently trades, we anticipate upside as the business development company (BDC) delivers consistent returns over the first 2-3 quarters as a public company."

WhiteHorse Finance closed at $14.79 on Friday.

Latest Ratings for WHF

DateFirmActionFromTo
Mar 2016WunderlichMaintainsBuy
Aug 2015BairdUpgradesNeutralOutperform
Mar 2015CitigroupMaintainsBuy

View More Analyst Ratings for WHF
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Posted-In: JP MorganAnalyst Color Initiation Pre-Market Outlook Analyst Ratings

 

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