UPDATE: J.P. Morgan Reiterates Overweight Rating, Raises PT on WhiteHorse Finance on Solid 4Q12 Results
March 06, 2013 at 11:21 AM EST
In a report published Wednesday, J.P. Morgan reiterated its Overweight rating on WhiteHorse Finance (NASDAQ: WHF ), and slightly raised its price target from $15.00 to $16.00. J.P. Morgan noted, “4Q12 NAV/sh of $15.31 exceeded our estimate of $14.94, on higher than expected investment income. NII/sh was $1.20 (exceeding our
