PennantPark Shares Fall After Compass Point Downgrade

MT Newswires Live

2025/05/22

PennantPark Investment (PNNT) shares were down over 4% in recent trading Wednesday after Compass Point downgraded the stock to sell from neutral and cut its price target to $5.75 from $6.

Trading volume stood at more than 571,000 shares against a daily average of about 544,000 shares.

Price: 6.61, Change: -0.31, Percent Change: -4.41

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