Horizon Technology Finance: Waiting For Improvements To Materialize
Horizon Technology Finance has been upgraded to a Hold rating as there are signs of potential improvement in its portfolio structure. Despite this, the stock trades at a 33% discount to its net asset value, indicating ongoing portfolio and earnings challenges. The company offers a high dividend yield of 15.5%, although its coverage remains thin.
- ▪Horizon Technology Finance has been upgraded to Hold due to potential improvements in its portfolio structure.
- ▪The stock is currently trading at a 33% discount to its net asset value.
- ▪The company offers a high dividend yield of 15.5%, but its coverage is thin.
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