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Rating: PNNT
Buy $10

PENNANTPARK INVESTME (NASDAQ: PNNT) rated to Buy with price target $10 by MLV & Co

Thursday,  Aug 6, 2015  1:25 PM ET by Kristen Bailey

(NASDAQ: PNNT) to Buy with price target $10 with today's price of $7.90.

PennantPark Investment Corporation is a closed-end, externally managed, non-diversified investment company. Its investment objectives are to generate both current income and capital appreciation through debt and equity investments primarily in United States middle-market private companies in the form of mezzanine debt, senior secured loans and equity investments.

MLV & Co is a boutique investment bank and institutional broker-dealer focused on providing independent financial advice and unique capital markets expertise to corporate and institutional clients in capital intensive industries such as metals and mining, life sciences, energy and real estate. With a focus on raising money efficiently for clients, MLV has rapidly become a leader in the At-the-Market(ATM) transaction market.

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