Bank of America Begins Coverage on Palmer Square Capital BDC (NYSE:PSBD)

Investment analysts at Bank of America initiated coverage on shares of Palmer Square Capital BDC (NYSE:PSBDGet Free Report) in a research report issued on Monday, Briefing.com reports. The firm set a “neutral” rating and a $16.50 price target on the stock. Bank of America‘s target price suggests a potential upside of 1.35% from the company’s current price.

Several other research analysts have also commented on the stock. JPMorgan Chase & Co. started coverage on shares of Palmer Square Capital BDC in a research note on Monday. They set an “overweight” rating and a $17.00 price objective for the company. Citigroup initiated coverage on shares of Palmer Square Capital BDC in a report on Monday. They set a “buy” rating and a $17.00 price target on the stock. Finally, Royal Bank of Canada started coverage on Palmer Square Capital BDC in a research report on Monday. They set an “outperform” rating and a $17.00 target price for the company.

Check Out Our Latest Stock Analysis on Palmer Square Capital BDC

Palmer Square Capital BDC Stock Up 0.8 %

Shares of Palmer Square Capital BDC stock opened at $16.28 on Monday. Palmer Square Capital BDC has a one year low of $15.57 and a one year high of $16.75.

Palmer Square Capital BDC Company Profile

(Get Free Report)

Palmer Square Capital BDC Inc is an externally managed, non-diversified closed-end management investment company which primarily lends to and invests in corporate debt securities, including small to large private U.S. companies and has elected to be regulated as a business development company. Palmer Square Capital BDC Inc is based in MISSION WOODS, Kan.

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