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WhiteHorse Finance (NYSE:WHF) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research report issued on Monday, American Banking and Market News reports. They currently have a $13.80 target price on the stock. Zacks‘ price target indicates a potential downside of 4.89% from the stock’s previous close.

WhiteHorse Finance (NYSE:WHF) traded down 0.27% on Monday, hitting $14.51. The stock had a trading volume of 13,232 shares. WhiteHorse Finance has a 52-week low of $13.99 and a 52-week high of $16.04. The stock’s 50-day moving average is $14.87 and its 200-day moving average is $15.18.

WhiteHorse Finance (NYSE:WHF) last posted its quarterly earnings results on Tuesday, November 12th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.06. On average, analysts predict that WhiteHorse Finance will post $1.28 earnings per share for the current fiscal year.

A number of other firms have also recently commented on WHF. Analysts at Wunderlich downgraded shares of WhiteHorse Finance from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, November 20th. They now have a $15.50 price target on the stock. Separately, analysts at Robert W. Baird downgraded shares of WhiteHorse Finance from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, November 14th. They now have a $15.00 price target on the stock, down previously from $16.00. Finally, analysts at Barclays downgraded shares of WhiteHorse Finance from an “overweight” rating to an “equal weight” rating in a research note to investors on Wednesday, November 13th. They now have a $16.00 price target on the stock. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. WhiteHorse Finance has an average rating of “Hold” and an average price target of $15.58.

WhiteHorse Finance, Inc is a non-diversified, closed-end management investment company. The Company is a direct lender targeting debt investments in privately held, small capitalization, or small-cap, companies located in the United States.

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