Fidus Investment (FDUS) Receives a Buy from Oppenheimer


Oppenheimer analyst Chris Kotowski maintained a Buy rating on Fidus Investment (FDUS) today and set a price target of $16.00. The company’s shares closed last Friday at $10.57.

According to TipRanks.com, Kotowski is a 4-star analyst with an average return of 2.8% and a 53.4% success rate. Kotowski covers the Financial sector, focusing on stocks such as Apollo Global Management, JPMorgan Chase & Co., and New Mountain Finance.

Currently, the analyst consensus on Fidus Investment is a Moderate Buy with an average price target of $12.38, implying a 23.1% upside from current levels. In a report released today, Raymond James also maintained a Buy rating on the stock.

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The company has a one-year high of $16.17 and a one-year low of $4.45. Currently, Fidus Investment has an average volume of 133.5K.

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Fidus Investment Corp operates as an externally managed business development company. It provides customized debt and equity financing solutions to lower middle-market companies with revenues of $10 – $150 million. The company was founded on February 14, 2011 and is headquartered in Evanston, IL.

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