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Horizon Technology Finance Corporation (HRZN) [hlAlert]

Rating:
Outperform
HRZN
up 23.56 %

Horizon Technology Finance Corporation (HRZN) upgraded to Outperform by Raymond James

Posted on: Tuesday,  Nov 10, 2015  10:25 AM ET by Raymond James

Raymond James rated Outperform Horizon Technology Finance Corporation (NASDAQ: HRZN) on 11/10/2015. Previously Raymond James rated Underperform Horizon Technology Finance Corporation (NASDAQ: HRZN)
on 08/08/2013., when the stock price was $13.95. Since then, Horizon Technology Finance Corporation has lost 19.07% as of 11/10/2015's recent price of $11.29.
If you would have followed the previous Raymond James's recommendation on HRZN, you would have gained 23.56% of your investment in 824 days.

Horizon Technology Finance Corporation, a specialty finance company, primarily lends to and invests in development stage companies in the United States. It provides loans to the companies operating in life science, healthcare information and services, and cleantech industries. Horizon Technology Finance Corporation was founded in 2008 and is based in Farmington, Connecticut.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/10/2015 10:25 AM Buy
None
11.29
as of 8/27/2015
1 Week up  7.14 %
1 Month up  20.78 %
3 Months up  28.08 %
1 YTD up  28.64 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/8/2013 8:25 AM Sell
None
13.95
11/8/2012 8:25 AM Hold
None
15.87

(*) Stock Price at the time of the recommendation.
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