Wednesday, August 10, 2011

Apollo (AINV) (CREE) (FSC) (MCGC) (PNNT) Price Targets Changed

Apollo Investment Corp. (NASDAQ: AINV), Cree, Inc. (NASDAQ: CREE), Fifth Street Finance (NYSE: FSC), MCG Capital Co. (NASDAQ: MCGC) and PennantPark Investment Corp. (NASDAQ: PNNT) had their price targets changed by analysts.

Apollo Investment Corp. (AINV) had its price target raised by FBR Capital from $8.50 to $12.00. They have a “Market Perform” rating on the company.

Cree, Inc. (CREE) had its price target lowered by Kaufman Brothers from $29.00 to $24.00. They have a “Sell” rating on the company.

Fifth Street Finance (FSC) had its price target raised by FBR Capital from $10.50 to $14.50. They have an “Outperform” rating on the company.

MCG Capital Co. (MCGC) had its price target raised by FBR Capital from $5.00 to $7.00. They have an “Outperform” rating on the company.

PennantPark Investment Corp. (NNT) had its price target raised by FBR Capital from $11.50 to $14.00. They have an “Outperform” rating on the company.

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