** Gladstone Capital's GLAD.O shares up about 2.7% to $20.40 premarket

** Brokerage B Riley upgrades company's shares to "buy" from "neutral"

** Brokerage cuts its PT on company's shares to $22 from $27

** "There could be selling pressure in the near term ... which we would view as an enhanced entry point" - B Riley

** 3 of 8 analysts rate the stock "strong buy" or "buy", 5 "hold"; median PT $22.50 - LSEG

** As of last close, GLAD stock down 30.2% YTD

(Reporting by Anuj T in Bengaluru)

((anuj.t@thomsonreuters.com))