Wunderlich Securities Expects Growing NAV And Update On RIC Status For GSV Capital

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In a report published Wednesday, Wunderlich Securities analyst Blake T. Harper reiterated a Buy rating and $20.00 price target on
GSV Capital Corp.GSVC
. In the report, Wunderlich Securities noted, "GSV Capital Corp. (GSVC) is scheduled to report Q4 results after the market close on Thursday and, despite weakness in the stock, we believe the company's portfolio companies have continued to perform well. GSVC's publicly held investments declined by $0.92 per share in Q4, all of which was attributable to Twitter, Inc. (TWTR-$45.84, Hold), while the other three public positions increased in value. Subsequent to the quarter end, the four public positions have appreciated by $0.63 per share, assuming no shares were bought or sold. We expect the company to have liquidated some of its public equity and seen its privately held positions appreciate in aggregate. We also expect to gain more insight on its RIC status and ability to create value through cash distributions over the next 12 months." GSV Capital closed on Tuesday at $9.96.
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Posted In: Analyst ColorReiterationAnalyst RatingsBlake T. HarperWunderlich Securities
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