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Apollo Investment Corp. (NASDAQ:AINV) released its earnings data on Thursday. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.01, AmericanBankingNews.com reports.

On the ratings front, analysts at Zacks downgraded shares of Apollo Investment Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, November 12th. They now have a $9.20 price target on the stock.

Apollo Investment Corporation (NASDAQ:AINV) is a closed-end, non-diversified management investment company that has elected to be treated as a business development company.

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