As previously reported, Compass Point upgraded Horizon Technology (HRZN) to Neutral from Sell with an unchanged price target of $8.25. While noting that results for the last nine quarters have been “dismal,” with a “noteworthy” combined ($121.1M) in investment losses, shares including the dividend now indicate a positive 12-month return after recent depreciation, the analyst tells investors.
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Read More on HRZN:
- Horizon Technology upgraded to Neutral from Sell at Compass Point
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- Horizon Technology Finance Reports Q3 2024 Financials
- Horizon Technology reports Q3 NII 32c per share vs. 53c last year
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.