PennantPark Investment Started At Outperform By Wells Fargo >PNNT Apr 27, 2011 07:17:45 (ET)(END) Dow Jones NewswiresApril 27, 2011 07:17 ET (11:17 GMT)
I'm long! MY analyst friends love Pennant. Why doesn't the stock price move up??????
The key to this stock is to reinvest and hold.
Hi ezalldee.In addition to the "Outperform" rating on PNNT, Wells Fargo valuation range (target price) is $14 to $15 with a 2011 estimate of $1.20 and a 2012 estimate of $1.24, both of which are well above the current dividend payout.Jan
And that did a lot. Early morning gains are now all gone, bye-bye.God Bless America.