UPDATE: J.P. Morgan Reiterates on Fifth Street Finance Following Dividend Reduction
November 29, 2013 at 08:43 AM EST
In a report published Friday, J.P. Morgan analyst Richard Shane reiterated an Overweight rating on Fifth Street Finance Corp. (NASDAQ: FSC ), but lowered the price target from $11.00 to $10.00. In the report, J.P. Morgan noted, “Fifth Street Finance (ticker: FSC) had a disappointing 4QFY2013, with a dividend cut,