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Wunderlich: GSVC Should Benefit From Twitter Sales, Dropbox & Lyft

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Wunderlich: GSVC Should Benefit From Twitter Sales, Dropbox & Lyft
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In a report published Monday, Wunderlich analysts maintained a Buy rating on GSV Capital Corp (NASDAQ: GSVC), with a price target of $20, saying that the company's NAV should benefit from Twitter Inc (NYSE: TWTR) sales as well as higher valuations in Dropbox and Lyft.

GSV Capital is scheduled to report after market close on May 7. "So far we have seen companies report slower ad-related growth and fx headwinds, especially from Europe, which we would expect to continue this week."

In the report Wunderlich noted, "We expect the company's NAV to be dependent to a large extent upon whether and at what price the TWTR [rated Hold] position has been monetized. NAV should also benefit from potentially higher valuations of Dropbox given the AWS disclosures and for Lyft given its latest financing round."

Latest Ratings for GSVC

DateFirmActionFromTo
May 2016WunderlichMaintains
Feb 2016Northland SecuritiesMaintainsOutperform
Jan 2016JMP SecuritiesDowngradesOutperformMarket Perform

View More Analyst Ratings for GSVC
View the Latest Analyst Ratings

Posted-In: Vetr WunderlichAnalyst Color Long Ideas Reiteration Analyst Ratings Trading Ideas Best of Benzinga

 

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