Doesn't indicate why though. They probably are looking to pick up more shares so they needed to mess with the price for a better entry point. Must be nice to control the market. While i have stated that I am not happy short term( 1st qtr estimates were low) long term has not changed and a rising dividend is all I am here for. So Wells, have a blast--you aren't getting my shares.
Wells Fargo downgraded Prospect Capital to Underperform and other names in the Business Development space citing elevated risks in the credit markets and valuation. The firm has a $10.50-$11.00 price target range for shares.