Skip to main content

Market Overview

UPDATE: Oppenheimer Initiates Garrison Capital with Outperform on Favorable Industry View, Unique Fundamentals


In a report published Tuesday, Oppenheimer analyst Chris Kotowski initiated coverage on Garrison Capital (NASDAQ: GARS) with an Outperform rating and $16.00 price target.

In the report, Kotowski noted, “We are initiating coverage of Garrison Capital Inc. (GARS) with an Outperform rating and a $16 price target, which in combination with the initial 9% dividend yield, presents the potential for a solid 12% total return. Our rating is based on our favorable view of the industry as well as the fundamentals unique to the firm. Given the secular pullback by banks out of middle market lending, we think BDC's are well positioned due to strong commercial loan demand. GARS has a high-quality portfolio and the ability to grow the dividend by the end of 2014 with its origination strategy.”

Garrison Capital closed on Monday at $15.15.

Latest Ratings for GARS

May 2019National SecuritiesDowngradesBuyNeutral
Sep 2018Maxim GroupMaintainsBuyBuy
May 2017OppenheimerDowngradesOutperformMarket Perform

View More Analyst Ratings for GARS
View the Latest Analyst Ratings


Related Articles (GARS)

View Comments and Join the Discussion!

Posted-In: OppenheimerAnalyst Color Initiation Analyst Ratings

Latest Ratings

SAMEvercore ISI GroupMaintains1,500.0
SEAutonomous ResearchInitiates Coverage On378.0
ALHCMorgan StanleyInitiates Coverage On36.0
ALHCRaymond JamesInitiates Coverage On30.0
HAEMorgan StanleyDowngrades83.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at