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UPDATE: BMO Capital Markets Terminates Coverage on PennantPark Investment

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In a report published Wednesday, BMO Capital Markets analyst David J. Chiaverini terminated coverage on PennantPark Investment Corp. (NASDAQ: PNNT).

In the report, Chiaverini noted, “We are dropping coverage of PennantPark owing to a shift in analyst resources. PNNT has been rated Market Perform since July 28, 2010. Investors should no longer rely on BMO Capital Markets Research for an investment recommendation on PennantPark Investment.”

PennantPark Investment Corp. closed on Tuesday at $11.22.

Latest Ratings for PNNT

DateFirmActionFromTo
May 2019DowngradesBuyNeutral
Apr 2019Initiates Coverage OnOutperform
Jan 2019DowngradesOverweightNeutral

View More Analyst Ratings for PNNT
View the Latest Analyst Ratings

Posted-In: BMO Capital MarketsAnalyst Color Termination Analyst Ratings

 

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