In a report issued on August 10, Casey Alexander from Compass Point reiterated a Hold rating on Medley Management (NYSE: MDLY), with a price target of $5.88. The company’s shares closed on Friday at $5.35.
According to TipRanks.com, Alexander is ranked #2623 out of 4848 analysts.
Currently, the analyst consensus on Medley Management is a Hold with an average price target of $5.88.
Based on Medley Management’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $448K. In comparison, last year the company had a net profit of $337K.
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Medley Management, Inc. opertaes an alternative asset management firm offering yield solutions to retail and institutional investors. It focuses on credit-related investment strategies, primarily originating senior secured loans to private middle market companies in the U.S. The company was founded on June 13, 2014 and is headquartered in New York, NY.